Friday, May 2, 2014

Trade Idea: USD/CHF - Sell at 0.8835

Dollar's recovery after yesterday's fall to 0.8783 has retained our view that minor consolidation would be seen and test of the Ichimoku cloud top (now at 0.8818) is likely, however, price should falter well below resistance at 0.8851-56 and bring another decline later, break of said support would bring retest



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