USDCHF Weekly Analysis - August 3, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 03 August 2014 06:22 UTC
USDCHF's upward movement from 0.8699 extended to as high as 0.9106. Further rise could be expected after a minor consolidation, and next target would be at 0.9400 area. Support is at 0.8900, only break below this level will indicate that the uptrend had completed at 0.9106 already, then the following downward movement could bring price back to 0.8300 zone.

usdchf chart

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