USDCHF Technical Update – 19th April 2013

The US dollar/Swiss Franc currency pair formed a daily engulfing candle on Wednesday. This was followed by an inside consolidation day on Thursday. The recent price action is located just under the 200 period daily SMA as per the chart below. This is also close to the 0.9352 (24/3/13) daily low…

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USDCHF Technical Update – 19th April 2013

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