By ForexMansion.com
The USD/CHF pair continued its march south today as the pair has broken below the 0.90 handle for a second time. This proves to be very bearish for this pair as the flight to safety continues. Judging from our previous measurements, we are still on track to reach our target of 0.88 before this move finishes. Until we break above 0.93, you cannot seriously consider taking a long position in this pair. Rallies are to be sold.
