After touching 0.9687 resistance, USDCHF pulled back from 0.9689. However, the fall is likely consolidation of the uptrend from 0.9370, as long as the channel support holds, the uptrend could be expected to resume, and another rise towards 0.9900 is still possible. Only a clear break below the channel support could signal completion of the uptrend.
For more short term forex analysis and info visit via USDCHF Daily Analysis - November 6, 2014 . Thanks for your support.
No comments:
Post a Comment