US Dollar May Test Major Low versus Swiss Franc
Receive the Weekly Speculative Sentiment Index report via PDF via David’s e-mail distribution list.
The key caveat with the Swiss Franc is simple: we’ll need to see a substantive break below recent lows to feel comfortable trading into further weakness. It has broken a key short-term rising trend channel, but key support remains at lows near SFr 0.8970.
--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com
Automate our SSI-based trading strategies via Mirror Trader free of charge
To receive the Speculative Sentiment Index and other reports from this author via e-mail, sign up for his distribution list via this link.
Contact David via
Twitter at http://www.twitter.com/DRodriguezFX
Facebook at http://www.Facebook.com/DRodriguezFX
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.