Sunday, December 20, 2009

You should book a trip to the USA now and not tomorrow

USD/CHF: If you're one of them who used to import cheap US-Iphones or stuff like that to Switzerland to sell it here for good money you might have to stop it next year as the USD started a new uptrend three weeks ago. ; )

The next correction (if there will be one ; )) should be a good opportunity to buy Dollars with a stop at the low (0.99). My upside target for Primary [C] lies around 1,30 and should be reached somewhen next year or in 2011.

So, that's all for today ; )

Have a nice week, will be at home and able to post updates with charts every day from now on.