Tuesday, October 29, 2013

Trade Idea Wrap-up: USD/CHF - Sell at 0.9040

As the greenback has rebounded again after intra-day brief retreat, retaining our view that near term upside risk remains for the rebound from last week's low of 0.8990 to bring correction to 0.9000-05 (38.2% Fibonacci retracement of 0.9178-0.8890 and previous support), however, reckon 0.9045 resistance would limit upside and bring



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