Daily Forex Update: USD/CHF
By admin | June 24, 2010
Thanks to continued weakness on the USD/CHF’s 240-minute chart, a Channel Down pattern has formed – one that is currently testing downtrend line resistance at 1.1139 (A). This level is likely to be an exhaustion point within the formation that, if it proves true, would trigger an Autochartist Retracement/Correction (ARC)
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