Bank Flow

7/24/2008 Bank Flow Update

I am looking for a continuation of the uptrend on the USDCHF. At the moment 1.0390 to 1.0400 seems to be providing some resistance. A break above this level should see a push towards the next targeted sell level at 1.0486. As the market approaches the sell area, monitor the price action for a failure off of that zone for a bounce back towards 1.0400 again.

Dustin

Filed under Bank Flow By Dustin
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