Wednesday, April 15, 2015

Trade Idea : USD/CHF - Hold short entered at 0.9750

As dollar has recovered after falling to 0.9673 yesterday, suggesting consolidation would be seen, however, reckon upside would be limited to 0.9755-60 and bring another decline, break of 0.9672-73 (50% Fibonacci retracement of 0.9481-0.9863 and said yesterday's low)would add credence to our view that a temporary top has



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