Tuesday, August 9, 2011

USD/CHF ~ Update ~ 9 August 2011

Not only the EUR/CHF is crashing but also the USD/CHF:


About two weeks ago the USD/CHF declined below 0.80 for the first time. Today we're already near 0.70 - just insane!

Resistance levels are at 0.76ish, 0.80ish and 0.83ish.