USD/CHF Technical Analysis for June 12th
2013-
As we have mentioned in our previous technical analysis, the USD/CHF retreated to the expected first Bottom level, then started recovering, so we wish that you have benefited from our analysis for this pair.
Concerning the next trading, we expect it will
witness a significant bullish wave towards the $ 0.9283, and if it breaches up
this level, the next target will be a the 0.9414 level, which represents the Neckline
resistance level of the Double Bottom pattern on the 4 hours chart.