Chart of the Day – USD/CHF
(Chart courtesy of FX Solutions’ FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; horizontal support/resistance levels in yellow; uptrend lines in green; downtrend lines in red; chart patterns in white; 50-period simple moving average in light blue.) 3/26/2010 – USD/CHF – Price action on USD/CHF, a daily chart of which is shown, has turned down significantly once again right near a long-term downtrend resistance line extending from the 2008-2010 price high hit in November 2008.
