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USD/CHF Has a Swing Projection to 0.9620

posted by Avatar FXTimes 289 days ago in USD, CHF, Technical made popular 289 days ago

As we begin a new week in the 8/5/2012 Asian session, the USD/CHF has cracked the 0.97 handle, and is sitting around here after dipping to 0.9655. There could be some correction in the near-term, but the 4H chart shows a swing projection toward 0.9620. It should be noted that a rising trendline going back to the lows of 6/20 and 6/29 could meet...
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