In $/swiss in the Jun 22nd email, affirmed the short position (sold on Jun 15th at 1.1330), and adding that there were no signs of a bottom. The market continued lower from there, plunging below the base of the multi-month bullish channel (see daily chart below, now resistance), and reaching
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$/Swiss, Still Short but Risk Rising
– July 1, 2010Posted in: Forex Technical Analysis