Friday, April 10, 2015

Trade Idea Wrap-up: USD/CHF - Buy at 0.9715

As dollar has eased after intra-day rise to 0.9837, suggesting minor consolidation below this level would be seen and correction to 0.9745-50 (38.2% Fibonacci retracement of 0.9598-0.9837) cannot be ruled out, however, reckon downside would be limited to 0.9715-20 (50% Fibonacci retracement) and bring another rise later. A break of



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