Friday, October 3, 2014

Trade Idea : USD/CHF - Buy at 0.9490

Although the greenback has rebounded after finding support at 0.9517, above indicated resistance at 0.9597 (this week's high) is needed to confirm recent upmove from 0.8699 low has resumed and extend further gain to 0.9630, however, overbought condition should limit upside to 0.9650-60 and price should falter below 0.9675-80, risk



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