Archive for July 13th, 2010

Jul
13/10
GBPUSD Sell at 1.5135
Last Updated on Tuesday, 13 July 2010 08:32
Written by Ross Mullins
Tuesday, July 13th, 2010

Sell posted to TAP at 9:01am ET, sell GBPUSD at 1.5135. Testing the bottom of the 4 hour trend line along with .382 fib of the closest down trend, historical support and resistance and tunnel fib on the 1 hour chart.

GBP/USD Chart Picture

Jul
13/10
USDCHF Buy at 1.0585
Last Updated on Tuesday, 13 July 2010 08:07
Written by Ross Mullins
Tuesday, July 13th, 2010

Buy posted to TAP at 8:49am ET, buy USDCHF at 1.0585. Looking at the 4 hour chart the CHF has seen historical support and resistance lined up at the 1.0580 level and has potential to set up as a reversal pattern here. There is also the .50 fib of the closest up trend in place at 1.0578. Stop is below the .382 of the same fib range.

USD/CHF Chart Picture

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