Wednesday, July 2, 2014

Trade Idea : USD/CHF - Sell at 0.8895

Dollar's recovery after yesterday's brief fall to 0.8856 suggests minor consolidation would be seen, however, price should falter below previous support at 0.8908 and bring another decline later, a break of said support at 0.8856 would extend recent decline from 0.9037 top for further weakness to 0.8830-35 (61.8% Fibonacci retracement



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