USD/CHF: Consolidating below the resistance at 0.9407

USD/CHF has failed to break the resistance at 0.9407 (23/07/2013 high) indicating a persistent selling pressure. Monitor last Friday’s bullish reversal at 0.9217 (16/08/2013 low) as a bullish head and shoulders could be underway. • While under 0.9407 (23/07/2013 high) a full retrace to t…

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USD/CHF: Consolidating below the resistance at 0.9407

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