Wednesday, August 17, 2011

USD/CHF ~ Update ~ 17 August 2011

About one week ago the USD/CHF hit an all-time low of 0.706.

Since then we've rallied back up to the resistance around 0.8 and have been consolidating just below it for the last couple of days:

Resistance levels are at 0.80ish and 0.83ish. Support is at 0.78ish.