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USD/CHF 9 Year Trendline Near 1.0180

USD/CHF 9 Year Trendline Near 1.0180

Jamie Saettele, CMT, Sr. Technical Strategist


Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

-An upper parallel and long term trendline are possible resistance near 1.0180 before the January high. Very short term action (since 3/12) may compose a triangle. The implication is that USDCHF thrusts above 1.0128 and then reverses.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.