Saturday, March 1, 2014

USD/CHF Weekly Outlook

USD/CHF dropped sharply to as low as 0.8777 last week and the break of 0.8799 support confirmed resumption of larger down trend from 0.9971. Initial bias remains on the downside this week and current decline would target 61.8% projection of 0.9751 to 0.8799 from 0.9156 at 0.8568. On the upside,



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