Friday, November 1, 2013

Trade Idea Wrap-up: USD/CHF - Stand aside

As the greenback has surged again after intra-day brief pullback, suggesting the rise from last week's low of 0.8890 is still in progress and may extend further gain to marginal gain to 0.9140-50 (1.618 times projection of 0.8890-0.9007 measuring from 0.8951), however, near term overbought condition should prevent sharp move



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