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Daily Forex Trading Signals Oct 6 2015

Discussion in 'Forex Trading Signals & Forecasts' started by Kaitlin, Oct 6, 2015.

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  1. Kaitlin

    Kaitlin Forum Member

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    USD/CHF Intraday: the upside prevails.
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    Pivot: 0.972

    Our preference: Long positions above 0.972 with targets @ 0.9795 & 0.9815 in extension.

    Alternative scenario: Below 0.972 look for further downside with 0.968 & 0.964 as targets.

    Comment: The RSI is mixed to bullish.
    [​IMG]
    Chart Caption
    [​IMG] Green Lines Represent Resistances
    [​IMG] Red Lines Represent Support Levels
    [​IMG] Light Blue is a Pivot Point
    [​IMG] Black represents the price when the report was produced
    [​IMG]
    [​IMG][​IMG]
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    Pivot: 1.52

    Our preference: Short positions below 1.52 with targets @ 1.5105 & 1.508 in extension.

    Alternative scenario: Above 1.52 look for further upside with 1.5245 & 1.529 as targets.

    Comment: The RSI is mixed to bearish.
    [​IMG]
    Chart Caption
    [​IMG] Green Lines Represent Resistances
    [​IMG] Red Lines Represent Support Levels
    [​IMG] Light Blue is a Pivot Point
    [​IMG] Black represents the price when the report was produced
    [​IMG]
     

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