Monday, September 29, 2014

Trade Idea : USD/CHF - Buy at 0.9460

The greenback only eased to 0.9457 before finding renewed buying interest there and dollar has rallied again since, suggesting recent upmove is still in progress and further gain to 0.9550-55 would be seen but near term overbought condition should limit upside to 0.9575-80 and price should falter below 0.9600-10, risk



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