USDCHF
USDCHF is in down trend, the fall from 1.2468 extended to as low as 1.2201, further decline towards 1.2146 (June 6 low) to reach the next short term cycle bottom is expected to follow in a couple of days. Near term resistance is at the down trend line from 1.2426 to 1.2341, as long as the trend line resistance holds, down trend will continue.
Archive for July, 2007
Short Term Analysis - July 2, 2007
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