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Trade Idea: USD/CHF - Sell At 1.0390 - forex fx daily current outlook

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Old 10-09-2009, 07:52 AM
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Join Date: Sep 2008
Posts: 11,435
Default Trade Idea: USD/CHF - Sell At 1.0390

Despite yesterday's brief breach of 1.0240, lack of follow through selling and the rebound from 1.0230 suggests further consolidation would take place and another corrective rise to 1.0360-71 (previous resistance and current level of the Ichimoku cloud top) cannot be ruled out, however, upside should be limited to 1.0400 and...

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