Thursday, October 30, 2014

Trade Idea Wrap-up: USD/CHF - Buy at 0.9525

As the greenback has retreated after intra-day brief rise to 0.9611, consolidation below this level would be seen and pullback to previous resistance at 0.9559 is likely, however, reckon the Kijun-Sen (now at 0.9527) would limit downside and bring another rise. A break of said resistance would extend recent rise



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