Friday, May 6, 2011

Trade Idea Wrap-up: USD/CHF – Buy at 0.8680



Despite intra-day post-NFP surge to 0.8800, as the greenback has retreated from there, suggesting consolidation below this level would take place and pullback to 0.8710/20 cannot be ruled out, however, renewed buying interest should emerge above intra-day support at 0.8677 and bring another rally later. Above said resistance would extend

No comments:

Post a Comment