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Daily Forex Analysis – August 13, 2013

Forex Analysis

This post by ForexCycle.com has been reprinted from Forex Market Analysis.

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USDCHF Analysis. USDCHF remains in downtrend from 0.9751, the rise from 0.9174 could be treated as consolidation of the downtrend. Resistance is at the upper line of the downward price channel on 4-hour chart, as long as the channel resistance holds, the downtrend could be expected to resumed, and another fall towards 0.9000 is still [...]

ForexCycle.com @ August 13, 2013

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