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Currency Strenght

Tuesday, 27 March 2012

Although we are in a strong down trend, i think the selling has slowed as volume has decresed if we start to move out of the falling trend line and price holds above the 8DMA then a push to the trigger line is on the cards, However, still very early and permature.
On the other hand i'm thinking may be a short setup may be better as Price is below the 55DMA blue line and resistance is @ 0.90798 a failed rally there and below then we should continue the down slide towards 0.89195

Usdchf update
Took awhile but it made it

Now waite for pullback

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