Tuesday, January 27, 2015

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

Despite intra-day brief breach of 0.9131, lack of follow through buying and the subsequent sharp retreat from 0.9168 suggest an intra-day top has possibly been formed there and consolidation with mild downside bias is seen for weakness to 0.8930-40, however, reckon 0.8890-00 would limit downside and bring another rise later.



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