Feedback Form
10 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

USD/CHF Top of Downtrend Channel

posted by Avatar jameschen 652 days ago in USD, CHF, Technical made popular 652 days ago

USD/CHF (a 4-hour chart of which is shown) as of early Thursday (8/12/2010) Asian session has stalled near the top of a parallel downtrend channel extending back to the early July swing high. The trend channel is rather well-formed, with around five touches on the top and around five touches on the bottom. With price action currently near the very
Log in to comment or register here.