The purpose of this blog is to track my currency trading results. I will endeavor to keep this updated with results of trades, reasoning behind the trades, and other useful information about the topic. ------------------------------------------------------ This is not investment or trading advice.
Tuesday, August 18, 2009
EUR/CHF news update
EUR/CHF: Rally Continues, 1.5230/50 Resistance-Zone Next Up London, August 18. 1.5222 hit as EUR/CHF continues/accelerates its morning appreciation following the stronger-than-expected August ZEW reading. EUR/USD might have failed to sustain its initial foray above 1.4150 but Euro crosses are looking more robust and locals suggest the 1.5230/50 resistance-zone is next up should the single currency continue to outpace the mountain unit.
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