Technical analysis of the USD/CHF parity on March 24th, 2010

By IBTimes Staff Reporter | March 24 2010 3:10 AM

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Commentary of the USD/CHF parity :The parity got out of its range from the bottom, breaking the support at 1.0580. The sell signal has been given. We now advise to trade only short positions as far as the bearish slant (in black) is resistance. If this slant is broken, only the break out of 1.0650 will give a buy signal.

See the previous analysis of the USD/CHF parity of March 23, 2010

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