Could we see a bounce !?!?

By Go4x · February 16, 2010 · Filed in Potential Trade Set up's - Gold Membership

Below is my analysis on USDCHF.  Please be advised that should you wish to take the trade, this must be done off your own analysis using the training that you have received

Pivot: 1.0645

USDCHF 30min chart

My preference for this pair would be to: Long positions above 1.0645 with targets @ 1.0715 & 1.075 in extension.

Alternative scenario would be to: Below 1.0645 look for further downside with 1.0625 & 1.061 as targets.

RSI is oversold and is currently turning up.

Key levels

1.079

1.075

1.0715

1.067 last

1.0645

1.0625

1.061

GHTime Code(s): e259c 

USDCHF 30min chart

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