Start your Binary Trading income NOW!!!

Sponsored by Nuffnang.com

Tuesday, November 07, 2006

USD/CHF: 10-Pip Comfort Zone Leaves Little Room To Maneuver

USD/CHF is working a 10-pip comfort zone around 1.2515 into North American trading as the markets mark time ahead of the outcome of the US Mid-Term elections. Flows remain at a minimum with broader interests said to be building either side of 1.2495 and 1.2535.

Elsewhere, it is the crosses that are offering the better risk/reward ratios intraday with EUR/CHF and the 1.6000 options barriers attracting much of the attention aimed at the Swissie.

No comments: