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| | |-+  Trade Idea Wrap-up: USD/CHF ? Sell at 0.9575
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Author Topic: Trade Idea Wrap-up: USD/CHF ? Sell at 0.9575  (Read 2022 times)
pranjali
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« on: February 21, 2011, 11:01:10 am »

Trade Idea Wrap-up: USD/CHF ? Sell at 0.9575

<p>Despite intra-day brief fall to 0.9415, the subsequent rebound suggests consolidation above there would take place with mild upside bias for retracement to the Ichimoku cloud bottom (now at 0.9524) and then Friday?s high at 0.9539, however, renewed selling interest should emerge around 0.9577 (50% Fibonacci retracement of 0.9739-0.9415) and<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/BC44HO1qN6M" height="1" width="1"/>

Source: Trade Idea Wrap-up: USD/CHF ? Sell at 0.9575
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