Swiss is trading inside 30 pips range during the Japanese session and for now the pair is well supported above 1.2100 levels, if this level holds the pair then we can see one more rally in the pair towards 1.2200 levels. We now prefer to initiate buy on dips near 1.2100 for the above said target to be reached.
Buy @ 1.2100 for 1.2190 min with stop below 1.2070.
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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