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Technical Update: USDCHF, GBPCHF, AUDCHF and NZDCHF

Discussion in 'Technical Analysis' started by Kaitlin, Dec 30, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    Even if the symmetrical triangle confines immediate USDCHF moves, a closing break below 0.9860, comprising formation support-line, can quickly push the pair towards 50% Fibonacci Retracement of its August November rally, around 0.9800 0.9790 area; however, four-month old ascending trend-line, near 0.9750-45, could restrict its further downside. Given[​IMG]

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