Friday, May 27, 2011

USDCHF Update 5/27

I discussed 4 days ago about the usd/chf downtrend looking to continue, and it doesn't look like I could have been much more right (not very common, so I must pat myself on the back a little). Its broken new yearly lows now and I would be pulling some of the trade off here and then looking to ultimately target the 100% level of the extension shown in yellow (@.8146).

2 comments:

  1. could u do the NZD/USD? since it's hitting all time high and all.

    someone has the key tech points at 8487 and 8836

    ReplyDelete
  2. Done, hope you're already long this pair, cause I like it going up.

    ReplyDelete