USD/CHF » FOREXMILLION - forex forecast, trading signals
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1 March 2009
H4 graph
   The pair is transferring from one side trend to another one changing the motion slope angle. Last week it dropped below the lower bound of the "M-M+" trend, what speaks in favor of a descending intention. Upon exiting from the "a-a+" trend we should expect the testing of the daily side trend's lower bound, "B" trend line (level 1.1530), and in case of its breaking expect reaching the level 1.1300.
 
usd chf forex forecast
 
Daily graph
   In case the lower bound of the "Â-Â+" side trend gets broken, the pair will go down to the target level 1.1170.
 
usd chf forex forecast