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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: Hemant on March 12, 2011, 11:15:00 pm

Title: USD/CHF Weekly Outlook
Post by: Hemant on March 12, 2011, 11:15:00 pm
USD/CHF Weekly Outlook

USD/CHF's consolidation from 0.9201 continued last week. Initial bias remains neutral and more sideway trading might be seen. But even in case of another rise, upside should be limited by 38.2% retracement of 0.9774 to 0.9201 at 0.9420 and bring fall resumption. On the downside, break of 0.9201 will confirm<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/N4Xvn_rxL1U" height="1" width="1"/>

Source: USD/CHF Weekly Outlook (http://feeds.actionforex.com/~r/ActionInsightallTechnical/~3/N4Xvn_rxL1U/)