Monday, July 30, 2012

USD/CHF Jul 30 -2012


Trade Idea USD/CHF intraday: key ST resistance at 0.981.

Pivot: 0.981
Our preference: Short positions below 0.981 with targets @ 0.969 & 0.965 in extension.
Alternative scenario: Above 0.981 look for further upside with 0.9865 & 0.989 as targets.
Comment: as long as 0.981 is resistance, look for choppy price action with a bearish bias.



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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