USD/CHF Breaks The Support

February 6, 2013 in Chart Alert

After a brief test of 0.9022 the psychological support of 0.9000 ranges was keeping the currency pair in a side ways mode for past few days. The price action channel is just broken. This indicates that the pair may go further down to test 0.9022 and possibly below 0.9000.

USD/CHF Daily Chart

USD/CHF daily chart - break of support

Comments are closed.