USD/CHF Technical Analysis 04.30.2013
USD/CHF Technical Analysis- Prices pulled back as expected after putting in a Shooting Star candlestick. Sellers are now testing support at 0.9360, the 38.2% Fibonacci expansion, with a break below that exposing the 50% level at 0.9318. Near-term resistance is at 0.9413, the 23.6% Fib.
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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