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

By ForexTribe
18 March 2010 @ 03:25 am EDT

The parity is currently making a pullback on 1.0580. We maintain to trade only short positions as far as the lower band of the former bearish channel is resistance. The break out of 1.05 will give a new sell signal. If the lower band is broken, we will stay neutral between 1.0580 and 1.0650.



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