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USD/CHF Testing Support Trendline

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Old 26-04-2012, 08:50 PM
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Default USD/CHF Testing Support Trendline

Looking at the daily USD/CHF chart, connecting the 10/27/2011 low of 0.8562 with the 4/2/2012 low of 0.9001 is a rising trendline that represents support. The market is directionless as it has been trading in a sideways pattern marked by highs at 0.9331 and lows at 0.8927. The projected triangle

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