Tuesday, July 29, 2014

Trade Idea Wrap-up: USD/CHF - Buy at 0.9010

As the greenback has surged again after brief pullback, adding credence to our bullishness for the erratic rise from 0.8699 low to extend further gain towards resistance at 0.9082 but loss of upward momentum should prevent sharp move beyond 0.9100-10, price should falter below 0.9140-50, risk from there is seen



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