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| | |-+  Trade Idea Update: USD/CHF ? Sell at 0.9390
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Author Topic: Trade Idea Update: USD/CHF ? Sell at 0.9390  (Read 4083 times)
pranjali
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« on: February 24, 2011, 05:05:22 am »

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
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