The USDCHF is testing 1.0473; which is where the rally from .9871 would equal the .9647-1.0249 rally.
The EURUSD bearish break in what is probably a 3rd wave favors the larger 4th wave scenario for the USDCHF (up to 1.10/1.12).
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advertisementSwiss Franc Technical OutlookThursday, 01 May 2008 14:58:45 GMT |