USDCHF And 200 Day Moving Average Resistance
February 26, 2013 in Chart Alert
USD/CHF found resistance exactly at 200-day moving average again. If this resistance holds then a reversal may take place but if USD/CHF manages to break this resistance this time then it may try to test the psychological 0.9500. Please check the daily chart of USD/CHF:
On the down side the trend line support needs to be watched.