الثلاثاء، 28 أغسطس 2012

Forex Technical Analysis 2012/29/08 for USD/CHF


USD/CHF


The USD/CHF currency pair continues moving inside the descending channel, the target of the fall is the area of 0.9495. Right now there is a possibility that the price may form “head & shoulders” reversal pattern. One can consider selling the pair aggressively with the stop above 0.9630 and increase the amount of short positions only after the price breaks the level of 0.9560. If the price grows up higher than 0.9650, this scenario will be cancelled.


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