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Daily Forex Analysis – June 19, 2013

Forex Analysis

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

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USDCHF Analysis. Being contained by the resistance of the upper line of the price channel on 4-hour chart, USDCHF pulls back from 0.9271, suggesting that the pair remains in downtrend from 0.9838, and the rise from 0.9130 could be treated as consolidation of the downtrend. Further decline to test 0.9130 previous low support could be [...]

ForexCycle.com @ June 19, 2013

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