Monday, April 18, 2016

currency trading

We’ve been talking all week long about buying the USDCHF into the support zone, near the bottom of the trend channel, and that zone is down here between 0.9575 and 0.9550. And you could see all week long it’s just been bouncing around in this green-shaded area, in the support zone all week long, giving us actually a couple of different opportunities to jump into the trade. Get out with some profit. Get back in. Get out with some profit. Giving us multiple opportunities to work this level as a support zone.

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