Forex Forum

Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on February 23, 2011, 11:04:44 am

Title: Trade Idea Wrap-up: USD/CHF ? Stand aside
Post by: pranjali on February 23, 2011, 11:04:44 am
Trade Idea Wrap-up: USD/CHF ? Stand aside

<p>Although the greenback has continued to move lower and recent decline is likely to bring a retest of recent low at 0.9301, break there is needed to confirm medium term downtrend has resumed and extend weakness to 0.9270 and possibly to 0.9250, however, near term oversold condition would limit downside<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/7zZ86HASMFk" height="1" width="1"/>

Source: Trade Idea Wrap-up: USD/CHF ? Stand aside (http://feeds.actionforex.com/~r/CandlesticksIntradayTrades/~3/7zZ86HASMFk/)