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USD/CHF Breaks Rising Trendline; Testing 0.9150 Pivot for Further Downside Risk
Stocks, Unit trusts, Wealth Management and Forex markets
17-03-2012, 12:40 AM
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The one
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Join Date: May 2000
Location: UK
Posts: 97,333
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USD/CHF Breaks Rising Trendline; Testing 0.9150 Pivot for Further Downside Risk
The 1H USD/CHF shows a market that is turning bearish. The RSI has dipped below 30 and failed to push above 60, dipping back again below 30 on the 3/16 price action following expected and subdued US CPI data for January 2012. The slide in USD/CHF broke below the 200 
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