Friday, April 27, 2007

USDCHF 4-27-07

4-27-07

USDCHF

The short trade from the 1.2124 entry was closed at 1.2071 with a trailing stop yesterday morning. The USDCHF is trying to rally past the 1.2088 area of supply. If it happens to throw down a candle to the 1.2050 area before it rallies past the 1.2088 area, I will go long at 1.2050. If not, I will pass on the USDCHF for today.

No comments: