Filed Under:
Forex pairs in this Article » USD/CHF
To receive Ilya's analysis directly via email, please SIGN UP HERE

Talking Points

  • Prices declined as expected after showing a bearish Dark Cloud Cover candle pattern
  • Support is now at 0.9081 (61.8% Fib); push beneath that exposes 0.8993 (76.4% Fib)
  • Resistance is in the 0.9152-73 area (trend line, 50% Fib); break higher eyes 0.9224 (38.2% Fib)
Confirm your chart-based trade setups with the Technical Analyzer.

dailyclassics_usd-chf_body_Picture_6.png, Forex: USD/CHF Technical Analysis – Support Found Under 0.91Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for DailyFX.com

Contact and follow Ilya on Twitter: @IlyaSpivak

New to FX? Watch this Video

For live market updates, visit the Real Time News Feed

original source
comments powered by Disqus
Trading Center