Wednesday, October 2, 2013

Trade Idea: USD/CHF - Stand aside

Although the greenback resumed recent decline to 0.8993 yesterday, lack of follow through selling on break of psychological support at 0.9000 and the subsequent strong rebound suggest a minor low is formed there and consolidation with mild upside bias is seen for correction to 0.9078-80 (previous support turned resistance), however,



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