Thursday, May 26, 2011

Long Term USD_CHF

The USD looks like it is making the last leg down for quite a long time.  It should reverse at the .8300 area or the .8000 area.  The next move up should be at least 6000 pips and should last for at least several years.  Fibo time has the bottom of this around the middle of July.........It is not always that accurate so I think it will turn before then.......maybe in several weeks....

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