Friday, July 27, 2012

USD /CHF Jul 27-2012


Trade Idea USD/CHF intraday: the downside prevails.

Pivot: 0.98.
Our Preference: SHORT positions @ 0.981 with 0.974 & 0.971 as next targets.
Alternative scenario: The upside breakout of 0.982 will open the way to 0.9865 & 0.989.
Comment: as long as the resistance at 0.982 is not surpassed, the risk of the break below 0.974 remains high.



Disclaimer The analysis we provide is based on the average estimate of price movements in one day. Does not guarantee what we deliver is actually a proper and correct. Everything that happens in the decisions you make on your trading transaction is to be Your responsibilities. CONNECTED Visit Us www.deryworldscorp.web.id Sign up for OKPAY and start accepting payments instantly.

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