USD/CHF Technical Analysis 04.05.2013
USD/CHF Technical Analysis- Prices are testing support in the 0.9358-82 area, marked by the 38.2% Fibonacci retracement and a horizontal pivot. A break below that aims for the 50% level at 0.9294. Near-term resistance is at 0.9437, the 23.6% Fib, with a reversal above that eyeing the March 14 highat 0.9566.
Daily Chart - Created Using FXCM Marketscope 2.0
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