Dollar Versus Franc and Loonie July 14th

FX Strategy Video > Currency Pairs Analysis

The USD/CHF pair has broken down through the bottom of a strong rectangle that it had been stuck in for a while. Because of this, we are expecting a return to the overall downtrend.

The USD/CAD slammed down into the support level at 0.9750 level, and as such we are looking to break lower in this pair, perhaps making new lows again.

Published on 13th of July 2011
eTorro - Trading Starts Here

Start Trading Forex with up to $10,000

  • 100s Videos and FX Strategy articles
  • Advice from our FX traders
  • Practive free with using real time