The USDCHF is the only major pair that have no clear trend since July 02 as price still consolidating at range area of 1.0675 – 1.0350. I will keep stay away from this pair. Aggressive traders may short around 1.0675 or long around 1.0350 with tight stop loss. CCI in neutral area on daily, h4 and and h1 chart suggesting nothing can be done to this pair for now.
©2010 FX Instructor Forex Blog - For Traders, By Traders. All Rights Reserved.