Posted by millionaire | Wednesday, March 24, 2010 | | 0 comments »





usd/chf update:

As i mention before with swissy and dollar index now u can see by yourself the dollar action today.Hope all of u have a nice pips along this week.

Ok for the next short term plan,watch the price close today between 1.0726 as a minor resistance ahead and support 1.0640.a closing above or below that price level should confirm for the next action

My longer term projection still buying usd/chf to penetrate above 1.0890 and probably 1.1170 and 1.1700.


Aud/usd update:

Prefer selling after failure establish 0.9200,now focus turn toward 0.9085 low where a breakdown below that level should confirm short term top already in place around 0.9250 and would accelerate the aussie probably around 0.9050---0.8980 zone

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