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Daily Analysis – CHF
By: Forexltd - 09-10-2008
0votesThe pre-planned breakout variant for sells was realized with attainment of minimal assumed target. OsMA trend indicator, having marked low activity level of both parties does not provide definiteness in the choice of planning priorities for today. Hence considering the chosen strategy based on assumptions about the possible range rate movement we assume the possibility of close supports attainment contained by the bottom of Ichimoku cloud at 1/1200/20, 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 1.1260/80, 1.1320/40, 1.1380/1.1400 and/or further breakout variant up to 1.1460/80, 1.1500/20. An alternative for sells will be below 1.1140 with targets 1.1080/1.1100, 1.1020/40, 1.0980/1.1000.
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