Friday, October 3, 2014

USD/CHF Faces Strong Supply At 0.96

Considering that the resistance at 0.96 withstood the buying pressure, there is an increased likelihood of USD/CHF retreating to 0.9450. There the Greenback should be underpinned by the monthly PP, 2013 Sep high and two-month up-trend. However, despite the density of this demand zone, it may not hold, being that



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