Friday, December 19, 2008
Swiss Franc Technical OutlookThe
USDCHF nearly dropped below 1.04 this morning. Potential trendline
support drawn off of the March and July lows may provide the demand
needed to inspire a rally / consolidation.BB difference has exceeded the level that was reached at the height of the early 2008 decline that saw the USDCHF plummet below 1. The implications are that the decline is stretched and that... [read more]
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