Tuesday, December 2, 2014

USD/CHF Candlesticks and Ichimoku Analysis

Despite rising to 0.9731 last week, the subsequent retreat after faltering below indicated strong resistance area at 0.9742-52 has retained our view that further sideways trading is in store and choppy trading within 0.9531-0.9742 would continue, only break of said resistance area at 0.9742-52 would confirm upmove from 0.8699 low



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