Tuesday, June 24, 2014

USD/CHF Underpinned By 200-Day SMA

As the 200-day SMA stays beneath the spot price, we retain a positive bias towards USD/CHF. There is still a fairly high possibility of the U.S. Dollar resuming its advancement en route to this year's high and monthly R2 at 0.9160. But first the currency pair will have to climb



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