Wednesday, August 1, 2012

USD/CHF Aug 1 -2012

Trade Idea USD/CHF intraday: bullish bias above 0.9735.

Pivot: 0.9735
Our preference: Long positions above 0.9735 with targets @ 0.982 & 0.9865 in extension.
Alternative scenario: Below 0.9735 look for further downside with 0.969 & 0.965 as targets.
Comment: a support base at 0.9735 has formed and has allowed for a temporary stabilisation.


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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