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Old 09-06-2008, 23:07   #496 (permalink)
sdotwewen
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Re: Forex Cycle Analysis

USDCHF rebounded from 1.0147 and formed a short term cycle bottom on 4-hour chart. The rise from 1.0147 is treated as resumption of up trend. Further rally to test 1.0526 is now in favor. Key support is at 1.0147, only break below this level will pull price back to 1.0000 area.
http://blog.forexcycle.com/782/daily...s-jun-10-2008/
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