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| | |-+  Trade Idea Update: USD/CHF ? Sell at 0.9375
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Author Topic: Trade Idea Update: USD/CHF ? Sell at 0.9375  (Read 2056 times)
pranjali
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« on: February 28, 2011, 05:03:25 am »

Trade Idea Update: USD/CHF ? Sell at 0.9375

<p>Despite dollar?s retreat after rebounding to 0.9320 last Friday, a break of last week?s low at 0.9229 is needed to signal recent downtrend has resumed and extend weakness to 0.9182 (100% projection of 0.9739-0.9415 measuring from 0.9506), however, loss of near term downward momentum should prevent sharp fall below there<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/OlUrxeIaJRg" height="1" width="1"/>

Source: Trade Idea Update: USD/CHF ? Sell at 0.9375
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