Daily Forex Update: USD/CHF

By | 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) View full post on Technical Analysis


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