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Chart Of The Day: USD/CHF

Discussion in 'Technical Analysis' started by ActionForex.com, Dec 23, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    After plummeting more than 1800 pips since early December, price action on the USD/CHF (a daily chart of which is shown) corrected to the 38.2% Fibonacci retracement level, and then has dropped back down substantially within the past couple of days. From a technical perspective, this appears very much like...

    complete article here...

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