CHF/JPY – strong uptrend maintain buy alarm at 96.40
USD/CHF – strong downtrend set sell alarm at 0.8325, no support below here.
EUR/CHF – strong downtrend but smaller timeframes are choppy, check this pair if the other CHF alarms hit
GBP/CHF – strong downtrend with no support set sell alarm at 1.3640
When the price alarms hit verify any buys or sell entries with The Forex Heatmap ™ and look for CHF strength or cross currency weakness or both.
Good Trading
Mark Mc Donnell www.forexearlywarning.com
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Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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