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View Full Version : Trade Idea: USD/CHF - Buy at 1.0065


gold-forex
11-13-2009, 11:10 AM
As dollar has retreated after faltering below yesterday’s high at 1.0189, suggesting further consolidation would take place and pullback to 1.0094 (61.8% Fibonacci retracement of 1.0035 to 1.0189) cannot be ruled out, however, reckon 1.0060/65 would attract renewed buying interest and bring another rebound later. Above resistance area at 1.0189-1.0202...

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