Forex Forum
Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on February 24, 2011, 05:05:22 am
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Trade Idea Update: USD/CHF ? Sell at 0.9390
<p>As the greenback has remained under pressure after breaking previous chart support at 0.9301 which confirms the resumption of medium term downtrend, suggesting further weakness towards 0.9200/10 would be seen, however, near term oversold condition should prevent sharp fall below there and reckon 0.9150/60 would hold and risk has increased<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/1OLdckIf8aE" height="1" width="1"/>
Source: Trade Idea Update: USD/CHF ? Sell at 0.9390 (http://feeds.actionforex.com/~r/CandlesticksIntradayTrades/~3/1OLdckIf8aE/)