
05-11-2008, 05:34 AM
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Superior Master Contributor and Member
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Join Date: Dec 2007
Location: Pip World!!!
Posts: 612
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Usd/Chf!!!
Well Now See My Post No# 369 Of my this thread In which i have Said that 1.0420 Is the good Support level & if Usd/Chf Successfully Managed to break it than ''Bang'' ...We May see some very good bearish movement now see when this level was break than Usd/Chf dropped for almost +32 Pip's as it was almost a closing session & coz of news [Usd Trade Balance] & closing session it didnt dropped much even remain's slow... Now see the screenshot's...In a daily chart Usd/Chf managed to break the Minor support line & also indicator's are in a right place & heading downside... Mean's from daily chart Seem's Usd/Chf clearly indicating bearish movement at coming Monday...
Now see the four hour chart As at last friday Support Line clearly break & about which i also have said in my post No# 369 That if 1.0420 Support line breaks than Usd/Chf will drop & it did dropped but now both indicator's are showing in a oversold region maybe at the start in 1st session U/C Show some bullish movement but hope so sfter that it will show some good bearish movement ...Let's See coz in a daily chart the main trend is down...
PipHacker!!!
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