Wednesday, July 25, 2012

USD/CHF Jul 25-2012


Trade Idea  USD/CHF intraday: consolidation in place.

Pivot: 0.992
Our preference: Short positions below 0.992 with targets @ 0.985 & 0.982 in extension.
Alternative scenario: Above 0.992 look for further upside with 0.997 & 1 as targets.
Comment: the RSI is bearish and calls for further downside.


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 Sign up for OKPAY and start accepting payments instantly.

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