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Daily Forex Update: USD/CHF
Stocks, Unit trusts, Wealth Management and Forex markets
19-10-2010, 08:00 PM
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The one
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Join Date: May 2000
Location: UK
Posts: 97,457
Potenza rep: 10
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Daily Forex Update: USD/CHF
Although the main trend is down on the daily chart, the 240 minute USD/CHF Channel Down Continuation pattern suggests that intra-day oversold conditions may prevail, leading to a possible breakout to the upside. Based on this 126 bar formation, this currency pair has the potential to reach a target zone 
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