USD/CHF finding daily resistance at .9243

Written March 30, 2011 at 2:55 AM EST by  

With the USD firmer in recent trade, the USD/CHF pair doesn’t not seem to be able to break through .92434; the 38.2% fibo line on the move from February 11th to the low on March 17th. A close above this level would be a bullish signal; the next target from a longer-term perspective would be .93261, the low from February 2nd.

3-30-daily

Share and Enjoy:
  • RSS
  • Facebook
  • Twitter
  • LinkedIn

No Responses to “USD/CHF finding daily resistance at .9243”

Add a comment