Forex: USD/CHF Technical Analysis – Franc Falls to 2-Month Low
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- Prices are edging higher after showing a Bullish Engulfing candle pattern
- Closing above 0.9150 (50% Fib exp.) exposes 0.9188 (61.8% Fib exp.)
- Below 0.9111 (38.2% Fib exp.) targets 0.8986 (horizontal pivot)
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Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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