Monday, 12 November 2012

USDCHF Forecast Nov 12 - 16

Swissie’s bulls extended its rally to close at 0.9486 and with prices moving above the EMA100(orange), we can expect an extension of the rally. Though we might see a slight pullback at 0.9420 , or worst case scenario, 0.9380 . Once the pullback is done, then the bulls will play again, and this pair is looking at; 0.9540 and 0.9595 as the upside targets.

Para banteng Swissy melanjutkan reli dan menutup di level 0.9486 , dan dengan harga bergerak di atas EMA100 (oranye) kita boleh mengharapkan kelanjutan reli berikutnya. Namun, kita mungkin akan menyaksikan pullback ke level support di 0.9420 , atau, paling jelek di level 0.9380 . Apabila pullback sudah terjadi, dan para banteng akan bermain lagi, maka pasangan ini melihat sasaran diatas berada di level .09540 dan 0.9595 .

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