USD/CHF has been on a smooth down trend the past few weeks, slightly bouncing off the falling trend line. Will the bears remain in control or will the bulls finally muster enough strength to break through? We'll have to be patient on this one and wait for another test of the trend line, which may happen at .96 handle. Also watch out for the 0.95 line, which will be a very strong support.
USD/CHF Test Of The Trend Line - September 4, 2012
USD/CHF has been on a smooth down trend the past few weeks, slightly bouncing off the falling trend line. Will the bears remain in control or will the bulls finally muster enough strength to break through? We'll have to be patient on this one and wait for another test of the trend line, which may happen at .96 handle. Also watch out for the 0.95 line, which will be a very strong support.
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