By ForexMansion.com

 

The USD/CHF pair rose today, showing strength off of the bottom as the market bounced again from the current levels. The 0.88 is once again proving to be massive support, but the pair is most certainly in a down trend. Because of this, buying it is going to be very difficult. The preferred method of trading is going to be selling the rallies below the 0.93 level.

Originally posted here

Read more about forex technical analysis, forex fundamental analysis and forex news on ForexMansion.com

About ForexMansion.com:

www.ForexMansion.com is a part of the Finance Mansion Network which operates global financial websites. Our goal is to provide our readers with the most accurate, quality and up-to-date technical analysis, fundamental analysis and news in order to assist them in making the right financial decisions.

The Finance Mansion Network includes www.FinanceMansion.com,www.ForexMansion.com, www.StocksMansion.com, www.CommoditiesMansion and many more.