Stay Out of the Mid Zone

Stay Out of the Mid Zone

Stay Out of the Mid Zone

Brent – Stay out of the mid zone where it gets very choppy and dangerous. Sell zone is 58.20 region where we can expect a pull back towards 57.50 – 56.50.

USDCHF – The USDCHF pair is looking good at support for buys to go up towards the 1.0100 region and possibly higher towards 1.0130.

 

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Don’t forget to watch our daily videos on our home page at www.cmtrading.com and review the daily economic data releases from our webpage.

 

***Information contained in this news letter are gathered from third parties and should not be regarded in any way as trade advice or recommendations by CM Trading. CM Trading does not recommend or advise traders or investors in their decision making, but merely provides information from the market for its clients as additional information being made available as per the events occurring in the financial markets.

 

HIGH RISK WARNING:

Trading Foreign Exchange (Forex) and Contracts for Differences (CFD’s) is highly speculative, carries a high level of risk and may not be suitable for all investors. You may sustain a loss of some or all of your invested capital, therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin.

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