Forex Forum
Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on March 01, 2011, 05:03:35 am
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Trade Idea Update: USD/CHF ? Sell at 0.9390
<p>Yesterday?s rebound after holding above last week?s low at 0.9229 has retained our view that further consolidation would take place and mild upside bias is seen for retracement to 0.9375/80 (38.2% Fibonacci retracement of 0.9506 to 0.9229) but renewed selling interest should emerge below resistance at 0.9392, bring another decline later.</p><img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/dl0g3GqldDc" height="1" width="1"/>
Source: Trade Idea Update: USD/CHF ? Sell at 0.9390 (http://feeds.actionforex.com/~r/CandlesticksIntradayTrades/~3/dl0g3GqldDc/)