USD/CHF Technical Analysis for June 12th 2013-



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.


 

MBCFX Forex & CFDs Brokerage Firm