If channel down break up, target only at resistance at 1.2046
Indonesian : target pada minggu ini berada dilevel 1.2000 dengan maximum target pada 1.1980
Apabila terjadi break channel down, maka target pada resistance level 1.2046
Analisa minggu lalu (last week analysis) :
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As Mr Jordan said for the swiss economy it was never a problem to have low gold reserves but it would be a problem to have a too strong currency.
My view is that until 30/Nov the floor is not in danger. So it is quite safe to sell 1,2000 Put options until that value date. Later it will be an interesting question.