USD/CHF analysis of the week (4h candlesticks)

By ForexTribe
08 March 2010 @ 05:02 pm EDT

The break out of 1.0740 gave us a new sell signal. The parity is currently making a pullback on this level which should act as resistance. We maintain to trade only short positions as far as the parity is moving into its bearish channel. The objective is now at 1.0650.



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