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Chart Of The Day: EUR/CHF

Discussion in 'Technical Analysis' started by ActionForex.com, Jan 10, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Price on the EUR/CHF daily chart (as shown) has just reached a significant support level at around the 1.6290-1.6300 region. This level is actually a support confluence reinforced by two different support/resistance lines as shown on the chart. The first line (labeled "1" on the chart) originally acted as downtrend...

    complete article here...

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