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MoneyMakerGroup _ Archives _ ActionForex Reports - Trade Idea: USD/CHF - Sell At 1.0655

Posted by: MMG News Apr 12 2010, 05:16 PM

The greenback has traded narrowly after falling sharply to 1.0532 yesterday, suggesting further consolidation would take place and although recovery to 1.0635/40 cannot be ruled out, reckon the Kijun-Sen (now at 1.0668) would cap upside and bring another decline later towards 1.0500, however, a firm break there is needed to...

http://www.actionforex.com/action-insight/candlesticks-trades/trade-idea%3a-usd%10chf-%11-sell-at-1.0655-20100413110811/