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Daily Analysis – CHF
By: Forexltd - 08-10-2008
0votesThe earlier opened positions for sell resulted in attainment of minimal assumed targets. OsMA trend indicator, having marked relatively low activity level of both parties do not give definiteness in the choice of planning priorities for today but considering the chosen strategy and preservation of certain short-term bearish activity advantage we assume the possibility of attainment the upper boundary of Ichimoku cloud at 1.1300/20, 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 1,1360/80, 1,1420/40 and/or further breakout variant up to 1.1480/1.1500, 1.1540/60, 1.1600/20. An alternative for sells will be below 1.1260 with targets 1.1200/20, 1.1140/60, 1.1100/20.
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