Thursday, June 19, 2014

Trade Idea Wrap-up: USD/CHF - Hold short entered at 0.8990

Although the greenback has recovered after holding above indicated previous support at 0.8908 and minor consolidation would be seen, as long as intra-day resistance at 0.8967 holds, bearishness remains for another test of said support, break there would signal another leg of decline from 0.9037 is underway for subsequent decline



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