Published on FXDD (http://forex.fxdd.com)
Forex Trading News: USDCHF Tests Resistance
By Mr. Danish FX
Created Aug 25 2008 - 12:55am

The USDCHF has found a nice trading range between the 38.2% Fibonacci level broken 8/8 and 1.1040, a resistance level going back to mid February 2008. This resistance was first tested 8/19 and a few times thereafter. Tonight's high has been 1.031 with the USD up across the board.


Source URL: http://forex.fxdd.com/trading-news/6017/forex-trading-news%3A-usdchf-tests-resistance