USD/CHF’s Double Bottom Attempt is Gaining Bullish Momentum

By | June 8, 2011

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The USD/CHF has been very bearish, but is now stalling at the most recently made record low of 0.8326

Since then it rebounded to test the low of a previous consolidation zone, establishing a pivot at 0.8395, 0.8396. A break above this forms a double bottom.

It should be noted that this

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