Updated the:
09/17/2012
USD/CHF : The bearish rally doesn't stop

Sentiment :
"sentiment
0.95
"sentiment
0.94
"sentiment

--- New analysis ---
A new bearish wave occured last friday on the pair USD/CHF who continues its bearish rally started on September 7th. Our objective at 0.93 has been reached and the price is currently making a pullback on this level as resistance.

On the medium term, the pair got out of its bearish channel (purple lines) from the bottom, making appear a new bearish channel in h1 (black lines). We continue to advise short positions as far as 0.94 is resistance. A pullback on the lower band of the channel in h4 is possible before a new bearish wave towards 0.92. The breakout of this level will give a new sell signal.

In case of return above 0.94, we will be neutral between this level and 0.95.

Analysis published by Bruno, the 09/17/2012 at 12h15 GMT+2

Complete sheet of the pair USD/CHF - Previous USD/CHF Analysis
Chart of the pair USD/CHF - Timeframe 4H
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Chart of the pair USD/CHF - Timeframe 1H
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USD/CHF Live Chart - Timeframe : 4h
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