Thursday, August 16, 2012

USD/CHF Aug 16-2012

Trade Idea USD/CHF intraday: further advance.

Pivot: 0.974
Our preference: Long positions above 0.974 with targets @ 0.9785 & 0.98 in extension.
Alternative scenario: Below 0.974 look for further downside with 0.9715 & 0.969 as targets.
Comment: the pair is on the upside and is approaching its next 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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