Tuesday, May 27, 2014

Trade Idea Wrap-up: USD/CHF - Stand aside

Although the greenback broke above last week's high of 0.8972 on dollar's broad-based strength in part due to solid US data and near term upside bias is seen for the rise from 0.8699 low to extend gain towards psychological resistance at 0.9000, overbought condition should prevent sharp move beyond 0.9012-15



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