الأربعاء، 29 أغسطس 2012

Forex Technical Analysis 2012/30/08 USD/CHF



USD/CHF


The USD/CHF currency pair continues moving inside the descending channel, the target of the fall is the area of 0.9495. One can consider selling the pair aggressively from the current levels with the stop above 0.9580 and increase the amount of short positions only after the price breaks the level of 0.9540. Conservative traders are advised to wait until the price tests the channel’s upper border in the area of 0.96 and then try to sell Franc.



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