USD CHF Reaches Up to LongTerm Downtrend Line

Recent bullish price action since mid-January on USD/CHF, a daily chart of which is shown, has brought price up to hit a key long-term downtrend resistance line extending from the November 2008 high. When the pair reached up to hit that significant trendline this past Friday, price momentum failed in its bullishness and tentatively retreated. … Read More USD CHF Reaches Up to LongTerm Downtrend Line

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