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.) 4/07/2010 – USD/CHF – Price action on USD/CHF, a daily chart of which is shown, has risen within the last week to hit a long-term downtrend resistance line extending from the November 2008 high. This occurs after a medium-term
