Steve O’Hare, of First4Trading.net, explains in a technical analysis of charts why he is looking to buy silver in a short-term trade.

He is aiming to buy USDCNH at current levels and on a dip to 6.30. His stops are at 6.27 or 6.25 (aggressive) and his targets are 6.42 & 6.52.

O'Hare’s technical analysis of a selected trade is featured every week on Trading Floor.