USD/CHF Signal- June 25, 2012
Forex pairs in this Article »
USD/CHF
By: DailyForex.com
Currency: USD/CHF Trend Expected Direction: Flat Method: Elliott Waves and Fibonacci Levels Description: Technically pair is going up toward 1.618 Fibonacci level with middle expanded flat abc that indicates an end to up move as well as a cycle ends. I would suggest traders to short the pair for a start of downward (C) cycle. I will post a follow up based on trend progress and market news. Recommendation: Sell & Hold Target Area: Open Stop Loss: 0.9700
Currency: USD/CHF Trend Expected Direction: Flat Method: Elliott Waves and Fibonacci Levels Description: Technically pair is going up toward 1.618 Fibonacci level with middle expanded flat abc that indicates an end to up move as well as a cycle ends. I would suggest traders to short the pair for a start of downward (C) cycle. I will post a follow up based on trend progress and market news. Recommendation: Sell & Hold Target Area: Open Stop Loss: 0.9700
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