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CHF

By:

Forex Ltd

18-11-2008

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The pre-planned buying positions from key supports were realized with overlap of minimal assumed target. OsMA trend indicator, having marked sign of pair overbought nevertheless gives reasons for the preservation of buying planning priorities for today as well. Hence we assume the possibility of rate return to close 1.1950/70 supports, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term buying positions on condition of formation of topping signals the targets will be 1.2010/30, 1.2100/20 and/or further breakout variant up to 1.2160/80, 1.2240/60, 1.2300/20. An alternative for sells will be below 1.1890 with targets 1.1830/50, 1.1760/80, 1.1700/20.

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