Monday, July 28, 2014

USD/CHF Aims For 2014 High

The Greenback carries on strengthening, and there are supposedly no significant hurdles until this year's high at 0.9156. We may expect some profit-taking around 0.91 (monthly R2), but the currency pair is likely to move another 100 pips North before there is a considerable risk of the bullish market turning



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