Trading Analysis based purely on Price Action as taught by Nial Fuller at www.learntotradethemarket.com. All I post here are setups which i see fit to trade win or lose.
Wednesday, 25 January 2012
USD/CHF Analysis
Dollar has weakened across all pairs and its looking good for a retrace in these pairs.
- Daily timeframe has bearish candle. - Bounce off 8ema and 9315 support - Short term trend now down
Didnt retrace so cancelling order for now. Will keep an eye for a further retrace
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