Greetings.
Let’s pull up the USD/CHF hourly chart.
We’re in a downward channel and it looks like there is still quite a bit more room for downward movement with this currency pair.
We may see a short term retracement up to the highlighted area – however, once the retracement completes, look for a continuation downward.
Our long term projections look at a potential price point of .8000.
Good luck with trading – be sure to apply your money management and use your stops.
FOREX SIGNAL KILLER
Do you use a Forex signal service? Are you new to trading and don’t want to spend a lot of time learning – just interested in having someone tell you exact prices to buy, sell and place your stops and limits?
Look no further. See why Forex Signal Killer beats the Forex signal competition. Features include 3 trading styles, easy to apply information (even for beginning traders) and a scheduled release so you can plan your day.
Log on today – http://www.forexsignalkiller.com
