Swiss has declined as expected, but a break below 1.3030 came in surprise to us. However we booked a profit of 70 pips for our 1.3210 sell position at 1.3140. For now a corrective bounce should hold below 1.3100. So prefer selling again at 1.3080 for a decline towards 1.2980.
Sell @ 1.3080 for 1.2950, with stop above 1.3110.
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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