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  #30 (permalink)  
Old 02-09-2010, 09:24
lianwk lianwk is offline
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Join Date: May 2009
Location: Singapore
Posts: 39
Default USDCHF: Outlook of the Day

Possible trading opportunity off the bounce off 1.0130 a resistance formed since 11 Jan 2010.

We could look for a possible long trade off the bounce off 1.0130. The short to mid term outlook of the USDCHF is bullish and as such I shall look to buy the pait on the failure to break 1.0130 with an initial objective at 1.0370. Stop-loss may be placed at 1.0100.

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