Wednesday, August 17, 2011

Intraday USD/CHF 17.8.2011

Intraday USD/CHF: the RSI is above its neutrality area at 50%. Suggests long positions above 0.7820, with targets at 0.7995 and 0.8050 in extension. Below 0.7820 look for further downside, with 0.7760 and 0.7680 as targets.

Weekly chart USD/CHF trend: Bearish

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