USDCHF Weekly Analysis - July 26, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 26 July 2014 11:53 UTC
USDCHF broke above 0.9036 resistance, indicating that the downtrend from 0.9838 (May 22, 2013 high) had completed at 0.8699 already. The pair is now in uptrend, further rise could be expected, and next target would be at 0.9400 area. Key support is now at 0.8855, only break below this level could trigger another fall to 0.8300 area.

usdchf chart

Recommended Forex Trading Platforms

Forex Trading We know that the right opportunity can happen at anytime, anywhere. Saxo Capital Markets is committed to giving you a suite of platforms that will enable you to access your account and trade the markets whenever and wherever you want.


Subscribe to Newsletter

To receive alerts by email when Free Forex Analysis are updated. Enter your email address below.