This is my projected price range for USDCHF going into next week. I will be obviously looking to buy near the bottom of this range and exit at the top.At this stage I see the best opportunity to enter near a confluence between the .915 area of support and the 55 ema (1 hour) which is green on this chart. This is more risk than usual with NFP coming up but this is offset by having a good risk:reward. Stop loss will be less than 20 pips and take profit target more than 120 pips.
Kamis, 07 November 2013
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