Updated the:
06/19/2012
USD/CHF Technical Analysis comments :
Sentiment :
sentiment
0.96
sentiment
0.9550
sentiment
The pair USD/CHF has strongly rebounded yesterday on the support at 0.9423 and is currently testing the upper band of its bearish channel (purple lines).
Indicators are globaly bullish.
The pair also made a pullback on the resistance at 0.9550.
A return below 0.95 will comfort our bearish feeling.
We continue to advise short positions as far as 0.9550 is resistance.
The breakout of 0.9423 will give a new sell signal and open the way towards 0.9350.
In case of return above 0.9550, we will wait the breakout of 0.96 to advise long positions.
Complete sheet of the pair USD/CHF - Previous USD/CHF Analysis

Chart of the pair USD/CHF - Timeframe 4H - Zoom in :

USD/CHF

Chart of the pair USD/CHF - Timeframe 4H - Zoom out:

USD/CHF

USD/CHF Live Chart - Timeframe : 4h

Chart