10/2/2016 FXTechstrategy Forex Technical Strategy FXTechstrategy Forex Technical Strategy Currency Technical Research USDCHF Closes Higher, Sets Up To Extend Recovery. Gives You A Trading Decision Edge Saturday 25 JUNE’16 Highlights:
F 10/2/2016 FXTechstrategy Forex Technical Strategy USDCHF Closes Higher, Sets Up To Extend Recovery USDCHF: With USDCHF closing higher on price halt the past week, further bullish offensive is expected. On the downside, support lies at the level. A turn below here will open the door for more weakness towards the level and then the level. Its weekly RSI is bullish and pointing higher suggesting further recovery. On the upside, resistance resides at the level where a break will clear the way for more strength to occur towards the level. Further out, resistance comes in at the level. All in all, USDCHF remains biased to the upside on more recovery. USDCAD
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