Monday, February 9, 2009

USDCHDF (1.1610)

USDCHF is moving nicely in its upward trend and and it seems that it will complete its correction around 1.1560 level and that level also seems a good entry point. Initial target seemed around 1.1710 level.


Recommended Trade Levels

Trade: Buy USDCHF @ 1.1560
Stop: 1.1500
Profit Target 1: 1.1710
Profit Target 2: 1.1750

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