Monday, April 18, 2011
Hourly Forex Trading Strategy #CHF - Speed and Depth of Decline Implies?
The speed and depth of the decline and the break to marginal new lows implies the downtrend is not yet complete. This allows for a drop to 88.10 and possibly even 87.60 before a correction to the entire 93.50 drop and possibly even a medium term upside reversal. Only over 90.00 would open the potential for an early upside reversal. (Ref:
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