Monday, August 6, 2012

USD/CHF Aug 06-2012






TRADE IDEA USD/CHF intraday: under pressure.

Pivot: 0.974
Our preference: Short positions below 0.974 with targets @ 0.965 & 0.962 in extension.
Alternative scenario: Above 0.974 look for further upside with 0.9775 & 0.983 as targets.
Comment: the pair is rebounding and is approaching its new resistance.







This Week You Suggested Trade With : 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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