Friday, May 16, 2014

940 - another potential (CHF)


Above is USD/CHF. Bottom chart shows it is in a downtrend. It has retraced.

There is a chance to enter, as you can see a strong rejection in the resistance zone (top chart). The strong rejection in the resistance zone has cause a long pin.

But I might monitor it the next few days.

No comments:

Post a Comment