Friday, August 12, 2011

Possible Reversal Trade in the CHF Related Pairs

The CHF pairs sold off heavily yesterday but something interesting is happening this morning on all the related pairs without exception - divergence!!! I am posting a sample of the GBPCHF as this was the pair that moved the most and may be the one to give back the most in case of a reversal. I will be prepared to sell any upside failure.
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