Friday, June 20, 2014

USD/CHF Erodes 200-Day SMA

A recent test of 0.90 negatively affected USD/CHF, as the currency couple is now close to breaking one of the most important supports, namely the 200-day SMA at 0.8943/40. If this is the case, it will expose the supports at 0.8900/0.8881 (55-day SMA and monthly PP) and at 0.8863/51 (100-day



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