Thursday, October 2, 2014

USD/CHF Intimidated By 0.9580

USD/CHF keeps standing close to the resistance at 0.9586/78. If the sellers here manage to send the price down to 0.9450—the risk of a break-out to the downside will substantially increase, since the market will confirm formation of a rising wedge. Conversely, the if Greenback continues to appreciate and ignores



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