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Chart Of The Day: USD/CHF

Discussion in 'Technical Analysis' started by ActionForex.com, Apr 5, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    The large inverted pennant formation on the USD/CHF daily chart, as shown, has been itching at pushing price lower towards a continuation of the long-term, accelerated downtrend. This pennant is outlined on the chart in dotted yellow. On Thursday, price poked up slightly above the upper border of the pennant,...

    complete article here...

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