By FXEmpire.com
The USD/CHF pair is currently hovering over the 0.90 level, and as a result we are waiting to see if we get any type of bullish signal. The pair looks like it is about to fall actually, even if the Swiss National Bank is looking to weaken the Franc on the whole. The trigger market is the EUR/CHF and not this one, but if they intervene in that pair – it will be mirrored by the action in this one. Because of this, we are awaiting a chance to buy this pair, but see no real signs of strength that make us ready to yet. We are flat of this market, and will more than likely be so for a while.
USD/CHF Forecast for the Week of April 2, 2012, Technical Analysis
Originally posted here
