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Trade Idea: USD/CHF - Exit long and Buy at 1.0690 - forex fx daily current outlook

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Old 04-23-2010, 03:16 PM
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Join Date: Sep 2008
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Default Trade Idea: USD/CHF - Exit long and Buy at 1.0690

Dollar’s intra-day retreat to 1.0747 suggests a minor top is formed at 1.0850 and downside risk is seen for retracement to 1.0725-26 (previous resistance and current level of the Kijun-Sen), however, reckon minor support at 1.0659-74 would hold and bring another upmove early next week. Above said resistance would bring...

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