Monday, 12 November 2012

USD/CHF looking overbought....

I have now gone short USD/CHF

Target 9300 a nice risk to reward with over 3.5% return, if target hits.

USD/CHF is looking rather overbought, we also have divergence as well.

See the chart below:


The white start has appeared which is a strong indicator of a reversal at the top at 9500, look to sell shortly

I can send you the signal, which will include in this case the sell order, protected stops and a fixed target.

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