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jueves, 19 de mayo de 2011

Updated of USD / CHF

USD / CHF has been experiencing over this week its level of support in the area of ​​38.2% of Fibonaci retracement (from 0.8556 to 0.8945).



In the Japanese candlestick chart with a daily time frame, we can see that yesterday it formed a doji candle almost perfect, which is indicated by the white arrow in the graph below, which may be the harbinger of a change in the trend:



For now, the rest of the week there will be no economic news or Switzerland or the United States, so it is estimated that this currency pair will continue to trade between 0.8800 and 0.8850 levels, until the pending home sales data in the United States will be released next Tuesday.