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Swiss Franc Continues Dominance

By Jamie Saettele, CMT, Sr. Technical Strategist
02 September 2010 15:29 GMT

Swiss Franc Continues Dominance

Swiss_Franc_Continues_Dominance_body_DT902chf.gif, Swiss Franc Continues Dominance

“Longer term (months out), I am USD bullish but there is no evidence to suggest that the USDCHF will find a bottom and reverse anytime soon. At this point, it appears that 10130 will fail and lead to a drop below the 2009 low of 9916. That could complete a 2 year correction from 12300.”

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02 September 2010 15:29 GMT