If price succeed in penetrate this level , then 1.4000 could be a target in long term .
notice that 1.1990 level hold price three times before , so we just need to break 1.2450 to form new rising peak and that a sign for up trend beginning
AD Financial Corp sees the USD/CHF at 1.40-1.42 , see the report. let's hear your opinions guys , it could be a great opportunity.
regards
Ignored
Even if it does this, how long are we talking about getting there? It would most likely take a year or two .... Got bigger fish to catch in the mean time....
Even if it does this, how long are we talking about getting there? It would most likely take a year or two .... Got bigger fish to catch in the mean time....
Ignored
it might take 1 year or more but if we can notice a change of trend , our strategy should be based on the direction on the next major move, that menas if there is a move toward 1.40-1.42, i would like to buy the USD/CHF on deeps for core position or options conbination strategy.
You are talking about 1950 PIPS at least. Are you seeing a possibility that EUR/USD came back at 1,2400 !???
I think the USD bearish momentun isnīt over yet.
Ignored
The bearish momentum won't change until this credit contagion issue gets flushed out. Nobody really knows right now when that's going to be. The net result will probably affect the economy to the point where the Fed has to cut interest rates. At that point look for an attack on the dollar, particularly if the economic news gets more negative.
