Friday, May 16, 2014

GBPCHF Trading Signal - May 16th 2014















GBPCHF rallied into resistance zone and I'm entering my short position as I believe that we will see a correction. I'll enter a long position once again when we reach the support level, but for the next few days I expect forex traders to take some profits after a good rally. Forex traders are advised to protect their profits when we approach the support level.

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