Daily Forex Analysis – November 29, 2011
This post by ForexCycle.com has been reprinted from Forex Market Analysis.
Comments OffUSDCHF Analysis. USDCHF broke below the lower line of the price channel on 4-hour chart, suggesting that lengthier consolidation of uptrend from 0.8569 is underway. Range trading between 0.9085 and 0.9329 would likely be seen in a couple of days. Key support is at 0.9085, as long as this level holds, uptrend could be expected [...]
ForexCycle.com @ November 29, 2011