Thursday, February 6, 2014

USD/CHF Finds Support At 0.8986/71

The support at 0.9038/25, mainly formed by the 100-day SMA and the monthly PP, did not manage to prevent a sell-off. USD/CHF plunged down to the rising trend-line, but was able to recover some of the lost ground afterwards. Still, as long as 0.8986/71 remains intact, the risks are to



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