Main Quotes Calendar Forum
flag

FX.co ★ USD/CHF wave analysis for January 17, 2011

parent
Forex Analysis:::2011-01-17T11:13:34

USD/CHF wave analysis for January 17, 2011

USD/CHF wave analysis for January 17, 2011

During Friday the USD/CHF currency pair was trading in a quite narrow price range. At the same time, the Thursday’s low was broken, which can indicate complicating wave situation in the range of the с wave of the whole corrective movement developed since January 11. It is worth mentioning that if the price resumes downside movement it can reach 0.9565 – 0.9540 corresponding with estimated correction level 50.0%.

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...