Forex Trading: USDCHF finds the resistance at 50% and 100 hour ...

Forex Trading: USDCHF finds the resistance at 50% and 100 hour ...

Published by DavidWaring
11-28-2008

Forex Trading: USDCHF finds the resistance at 50% and 100 hour ...

Forex Trading: USDCHF finds the resistance at 50% and 100 hour ...

The USDCHF found that the 50% retracement level and the 100 hour moving average was too much to push through - at least for now. The pair has moved lower off the levels which come in at 1.2074 and 1.2063 respectively.

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