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The Daily Forecaster: USDCHF
Stocks, Unit trusts, Wealth Management and Forex markets

01-03-2012, 01:41 PM
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The one
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Join Date: May 2000
Location: UK
Posts: 97,348
Potenza rep: 10
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The Daily Forecaster: USDCHF
Failure for price to reach 0.8927-30 on the first decline yesterday ruled out the downside and instead triggered the earlier scenario I expected for a deeper pullback higher. It may have topped at 0.9052 this morning but ideally it should extend into the 0.9068-92 area before the downside can resume.
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