USD/CHF Analysis

[Ross Yamashita]

Greetings.

Let's take a look at the USD/CHF.

The bottom we saw earlier this week may hold for a retracement to the upside. It may come up to test the trend line on the charts.

With the way this pair is moving, don't try and guess the bottom yet. There is still more potential room for downward movement.

We're currently up more than 280+ pips on this trade and have moved up our stop loss so if you're short and are in profit, be sure to lock in some profits.

Good luck with trading.

For 2011:

• +4,462 long term pips
• +1291 pips short term trades
• +50-100 pips per week average on quick trading

To find out more about the C2FX Forex Trade Sheet, visit www.ProPipper.com.