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CHF analysis

By:   Forexltd
  • 16-09-2008
0
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The pre-planned breakout variant for buyers was realized with attainment of minimal assumed target. OsMA trend indicator, having marked the near activity parity of both parties does not provide definiteness in choosing planning priorities for today. Hence, considering the chosen strategy we assume the possibility of range rate movement with the pair return to the bottom of Ichimoku cloud in 1.1220/40, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term sells on condition of formation of topping signals the targets will be 1.1140/60, 1.1060/80, 1.1000/20 and/or further breakout variant up to 1.0940/60, 1.0860/80. An alternative for buyers will be above 1.1300 with targets 1.1340/60, 1.1400/20.


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