New Graph for USD/CHF Shows Big Moves Ahead

I saw a new graph today showing future price movements for USD/CHF. I think there is some overlap between this new graph and the previous graph, which showed the price moving straight down then straight up, then straight down again. The first move down happened on Friday when it fell to .935 and then bounced back up to .944. It closed on Friday at .9417.

The new graph shows it dropping back down again, then bouncing up much higher. I did not see any numbers.

Please note every graph I have ever seen has always shown future price movements. So I believe the initial dip shown here is not the same as the one that happened on Friday. Also, this is my best effort to recreate what I saw in a split second. I believe I have captured the big movements accurately, but the details on the smaller bounces along the top might not be as accurately drawn. Basically, I saw it moving sideways along the top with some volatility then dropping sharply.

20150530The Lord is so good to help us with forex trading. There is no way I could ever do this without him. I am so thankful for him! I pray the Lord would give you insights and wise instructions to help guide you in your trading.

James Bailey

Author: James Bailey

James Bailey is an author, business owner, husband and father of two children. His vision is to broadcast the good news of Jesus Christ through blog sites and other media outlets.

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Phil
Phil
Member
June 3, 2015 4:38 AM

James
Very hard when we dont have a figure in the above graph. I thought we were going to head up soon
No problems I will short USD now
regards
Phil

Tony
Tony
Member
June 3, 2015 1:40 AM

THANK YOU!

John
John
Member
June 2, 2015 11:55 PM

HI James Do you think the first dip shown on the graph is what happened today

TONY
TONY
Member
June 2, 2015 6:23 PM

Hi James,

Do you think it’s time to sell CHF now?

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