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FX.co ★ USD/CHF Bullish Outlook June 07, 2011 (Daily Strategy)

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Forex Analysis

2011-06-07T07:50:44
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USD/CHF Bullish Outlook June 07, 2011 (Daily Strategy)

USD/CHF Bullish Outlook June 07, 2011 (Daily Strategy)

USD/CHF

The United States dollar – Swiss Franc pair has formed a fractal around 0.8335; is showing signs of an upward wave.

Recommend buy only if the price is above the first Monthly support around the 0.8349 level. It is possible to enter a buy deal already at the present price levels. Our goal in this upward movement can be located in the previous fractal around 0.8540

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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