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USD/CHF Breaking Below a Rising Trendline; Can 0.95 Hold?
Stocks, Unit trusts, Wealth Management and Forex markets
08-06-2012, 01:43 AM
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The one
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Join Date: May 2000
Location: UK
Posts: 97,286
Potenza rep: 10
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USD/CHF Breaking Below a Rising Trendline; Can 0.95 Hold?
The USD/CHF has fell from the 0.9770 area and is now testing the 0.95 handle. This dip has broken below a rising trendline seen in the daily chart. The RSI has fallen back below 70 so there's no overbought condition anymore. The 0.95 level is also 21-day SMA. Will we find 
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