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Daily Forex Analysis – January 30, 2013

Forex Analysis

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

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USDCHF Analysis. USDCHF stays below a downward trend line on 4-hour chart, and remains in downtrend from 0.9388, and the fall extends to as low as 0.9193. Resistance is at the trend line, as long as the trend line resistance holds, further decline is still possible after a minor consolidation, and next target would be [...]

ForexCycle.com @ January 30, 2013

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