Trade Idea Wrap-up: USD/CHF ? Sell at 0.9505

Trade Idea Wrap-up: USD/CHF ? Sell at 0.9505

<p>Although dollar?s intra-day breach of support at 0.9415 (yesterday?s low) signals the decline from 0.9776 is still in progress and further weakness towards 0.9344 (50% projection of 0.9739-0.9415 measuring from 0.9506) would be seen, loss of downward momentum should limit downside to 0.9329 chart support and bring a strong rebound<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/K4Hh3Zlw818" height="1" width="1"/>

Source: Trade Idea Wrap-up: USD/CHF ? Sell at 0.9505