Forex Forum
Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on February 16, 2011, 05:03:27 am
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Trade Idea Update: USD/CHF ? Sell at 0.9700
<p>As the greenback has remained under pressure after yesterday?s selloff below 0.9680 (previous support), we are keeping our bearish view that recent rise has formed a top at 0.9776 and consolidation with downside bias remains for retracement of the upmove from 0.9329 to 0.9600/05 (38.2% Fibonacci retracement of 0.9329-0.9776) and<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/kJF_kjjWKec" height="1" width="1"/>
Source: Trade Idea Update: USD/CHF ? Sell at 0.9700 (http://feeds.actionforex.com/~r/CandlesticksIntradayTrades/~3/kJF_kjjWKec/)