Trade Idea: USD/CHF - Sell At 1.0125

As the greenback has remained under pressure, suggesting medium term downtrend would resume and break of recent low at 1.0033 would extend towards 1.0000/11 (psychological support and previous chart support), below there would extend to next downside target at 0.9950, however, loss of near term downward momentum should prevent sharp…

Source:Trade Idea: USD/CHF - Sell At 1.0125

This entry was posted on Thursday, November 12th, 2009 at 5:46 am and is filed under Forex. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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