Swiss is still holding below 1.2750 and we might see a direct decline from current level. So we would prefer buying on dips near 1.2650 after which we would expect the currency to resume a rally back above 1.2800.
Buy @ 1.2670 for 1.2790, with stop below 1.2640.
By N. Rajesh Kumar,
Forex Leads,
Email:
rajesh@forexleads.com ,
# 3 G-1 Ambal Flats,
Sathyavathi Nagar,
Padi Chennai 600050,
Phone: + 91 44 26549159
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