Squawk / 13 December 2018 at 6:48 GMT
Partner at 3 C ANALYSIS / 3cAnalysis
United Kingdom
USDCHF - Capped by Key Average, .9862 potential
Two of yesterday's upside targets were met as the rally from Tuesday’s 8 week lows extended. But these gains failed above the 13 day mvg avg and a Marabuzo line created Dec 6th. The pullback from the highs left USDCHF with only minor net movement – an indecisive ‘Doji’ pattern. But it is the upside rejection that we look to as the backdrop to Thursday’s price action.
So we look to Sell in .9935/40 area and any .9967 rally
Targets are .9905, .9889 or even .9862
The stop is .9991 bid
Closes 4pm London time
13 December
AlanCollins AlanCollins
USDCHF Reduce Exposure/Lower Stop - Today’s bearish call is being confirmed with solid downside from 7am. But given quiet trading conditions we suggest reducing exposure at current prices with a stop lowered to .9943
14 December
mehanik mehanik
Hi Alan long-term buy
14 December
mehanik mehanik
This is just the beginning.
14 December
mehanik mehanik
Sorry, I do not speak English
14 December
mehanik mehanik
I've been at Saxo Bank for 15 years

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