USD/CHF Technical Analysis 02.01.2013
USD/CHF Technical Analysis- Prices are testing below support at 0.9083, the December 20 low. A confirmed break lower on a daily closing basis targets the 123.6% Fibonacci extension at 0.9016. Trend line support-turned-resistance is at 0.9148, with a push back above that aiming for the 61.8% Fib at 0.9202.
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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