FXF _ Swiss Franc _ "base in place"

24 thg 10, 2011

Upside potential still remains to 115 from this 111-107 base pattern. The odds for this trade get much better as you approach the base at 111 for an entry, however, the odds are a roughly 50/50 here as the upside is 2.7 points and the downside is 2.3 points. With all of the problems with European banks, why not have some exposure to the safest banking system in the world by way of the safest currency in the world.