Friday, October 4, 2013

Trade Idea: USD/CHF - Stand aside

Although the greenback has remained under pressure and recent decline from 0.9972 top may extend further weakness to 0.8950-55 (50% projection of 0.9455-0.9080 measuring from 0.9138) and later 0.8925-30, oversold condition should prevent sharp fall below 0.8900 and reckon 0.8870-75 would hold from here, risk from there has increased for



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