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Chart Of The Day: USD/CHF

Discussion in 'Technical Analysis' started by ActionForex.com, Jan 18, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Recent price action on the USD/CHF daily chart, as shown, has been characterized by trendline breakdowns, pullbacks, and then downward continuations. This has occurred at the downtrend resistance line labeled “1” on the chart. It has also happened at the downtrend line labeled “2”. And it may be on the...

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