USD/CHF Breaks The Support

February 6, 2013 1:15 am GMT+0  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

Author Info

Avatar of ForexAbode.com

ForexAbode.com's analysts provide Forex market analysis based on technical, fundamental as well as psychological aspects. Apart from the daily and weekly Forex outlook posted on the respective pages, the outlook and news are also updated on the blog section. ForexAbode analysis is also featured on some of the leading financial news and analysis sites. Please use the comment form below or contact us page for any comments, suggestions or complaints. You may also write to us at contact(@)forexabode.com by removing the brackets in the email address.

Contributor Contact, Accountability and Policies

Leave a reply

Your email address will not be published. Required fields are marked *