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Chart of the Day: Usd/Chf Daily Chart Outlook

Published 12/31/2000, 07:00 PM
Updated 01/26/2010, 06:12 AM
USD/CHF
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CAD/USD
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Chart of the Day:

USD/CHF

Swissy traded sharply higher, after the 0.9915 lows were reached at the end of 2009. From that low, the market created an impulse black wave A)/ I), and corrective wave B)/II) that has found the lows just above 1.0100 zone over the past two weeks. Once that low was hit, the market became very bullish, which is a move of long black wave C)/III) leg that is trading towards the first target at the 1.0700 zone.

CAD/USD-cad314.3.gif" target="_blank" rel="nofollow">TheLFB Charting: USD/CHF daily view 

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