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USD/CHF Continues To Trade In Declining Channel, At Support
Stocks, Unit trusts, Wealth Management and Forex markets

20-03-2012, 12:42 PM
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The one
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Join Date: May 2000
Location: UK
Posts: 97,292
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USD/CHF Continues To Trade In Declining Channel, At Support
The 1H USD/CHF chart shows a market trading in a declining channel. The latest swing during the 3/19 US trading session brought the pair to channel support which is in confluence with a pivot seen in the 4H chart. The 1H RSI reading is below 30, and shows persistent bearish
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