Wednesday, March 24, 2010

Swiss Franc - Update



Last Friday I posted my reasons as to why I felt the Swiss Franc was about to sell off. Today we saw this currency as well as some of the other foreign currencies get hit with heavy selling.

My downside target for the Franc is a retest of this year's low which was made earlier this month.

1 comment:

Investment of the Decade is coming soon... said...

I had profited 101 pips from USDCHF, thanks for to your website.

DISCLAIMER

This site may include market analysis. All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational purposes only and should not be construed as a recommendation to invest, trade, and/or speculate in the markets. Trading and investing involves high levels of risk. Any investments, trades, and/or speculations made in light of the ideas, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk, financial or otherwise.
 
Google
Technorati Profile Finance Blogs - Blog Top Sites