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Thursday, September 9, 2010

FOREX TRADING - USDCHF - Midday Report OUTLOOK September 9, 2010

Thursday, September 9, 2010
FOREX TRADING - USDCHF - Midday Report OUTLOOK September 9, 2010USDCHFSwiss Franc (CHF)
Midday Report

The pair strongly rushed to the upside before retesting the awaited level at 1.0060, where it has currently touched the 50 MA accompanied by overbought signs on momentum indicators. This could force the pair so descend before continuing the way towards the resistance for the bearish channel

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