posted by
FXTimes
357 days ago
in CHF, CAD, Technical
The CAD/CHF has been more or less trading sideways in 2012 after being capped near 0.94. Before this, sideways action, the market has been in a bull run from a low of 0.7119 established in August of 2011. Note that the market is still trading above the 200-day simple moving average. Although the the 0.94 resistance has not been broken, signs point