Friday, December 14, 2012

Forex Analysis: USD/CHF Drops to Key Support

USD/CHF (daily chart) has dropped to hit a rough triple bottom just above the 0.9200 support region. In the process, it has established a new 7-month low. After the first bottom was hit in mid-September, price began forming a broadening pattern that has extended to the current third bottom. Broadening formations can be considered potential
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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