Action Forex
09-04-2008, 01:49 PM
USD/CHF recovers after drawing support from 4 hours 55 EMA. Though with an intraday top in place at 1.1170, outlook remains neutral. As discussed before, as long as 1.0842 support holds, further rally is still in favor and break of 1.1170 will indicate recent rally has resumed for next target...
complete story here... (http://www.actionforex.com/action-insight/usdchf-outlook/usd%10chf-mid%11day-outlook-2008090458805/)
complete story here... (http://www.actionforex.com/action-insight/usdchf-outlook/usd%10chf-mid%11day-outlook-2008090458805/)