Forex (foreign exchange) Currency trading

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USD/CHF - Dollar Swiss Franc

USD/CHF - Dollar Swiss Franc

Short term (Intraday)

1,0377. USD CHF is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should find a resistance below 1,0400.
=> We could take a short position at 1,0380. We will put the stop loss above 1,0410 (-30 pips). The targets are 1,0250 (+130 pips) 1,0080 (+300 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 1.

Resistances
1,0380 - 1,0400
Supports
1,0315 - 1,0235
updated 25 juil 2008 13:16 GMT +02:00

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