Filed Under:
Forex pairs in this Article » USD/CHF
Prices pulled back from resistance at 0.9292, the 23.6%Fibonacci retracement, to retest the 14.6%level at 0.9212. A break below that aims for channel top resistance-turned-support now at 0.9168. Alternatively, a move higher through 0.9292 exposes the 38.2% Fib at 0.9422.

Forex_Analysis_USDCHF_Classic_Technical_Report_01.09.2013_body_Picture_5.png, Forex Analysis: USD/CHF Classic Technical Report 01.09.2013 Daily Chart - Created Using FXCM Marketscope 2.0

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

To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at @IlyaSpivak

To be added to Ilya's e-mail distribution list, please CLICK HERE

New to FX? Watch this Video. For live market updates, visit the Real Time News Feed

comments powered by Disqus