USD/CHF Technical Analysis for April 19, 2011

The USD/CHF pair rose today, showing strength off of the bottom as the market bounced again from the current levels. The 0.88 is once again proving to be massive support, but the pair is most certainly in a down trend. Because of this, buying it is going to be very difficult. The preferred method of trading is going to be selling the rallies below the 0.93 level.


Written by