Tuesday, July 24, 2012

USD/CHF Jul 24-2012


Trade Idea USD/CHF intraday: intraday support around 0.9875

Pivot: 0.99.
Our Preference: LONG positions @ 0.9885 with 0.996 & 0.998 as next targets.
Alternative scenario: The downside penetration of 0.9875 will call for a slide towards 0.9815 & 0.977.
Comment: the RSI lacks downward momentum.



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. Visit Us www.deryworldscorp.web.id
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