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USD/CHF Short Term Channel Serves as Reference Point

By: DailyFX
Posted: 9/17/2013 6:37:00 PM
Referenced Stocks:


Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader

-The close of the weekly low for August (.9227) served as support Monday as did the line that extends off of the 8/20 and 8/28 lows.

-Price is again trading around the line that extends off of the October 2011 and January 2013 lows.

Trading Strategy : Flat

LEVELS : .9146 .9173 .9227 | .9295 .9340 .9396

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