Tue, 26 Feb 2013 12:02:03 GMT
Weekly Trade Pattern Idea
USD/CHF has formed a Channel Down pattern on the 1D chart. The pattern has 69% quality and 51% magnitude on in the 70-bar period.The pattern started on the 13th of November, 2012, when the pair peaked above 200-day SMA to 0.9513; currently it is trading close to pattern's resistance at 0.9304. Technical indicators on aggregate point at appreciation of the