Dollar Versus Loonie and Franc January 24th

FX Strategy Video > Currency Pairs Analysis

USD/CAD has been many things over the last several weeks. It has been a market that is forming an ascending triangle, other times it has been a consolidative market that is forming a rectangle, and now it is forming a descending triangle. Parity continues to be important.

USD/CHF is just under the 0.93 level, but the support runs a bit deeper than this. While it looks weak, we need to see a close below the handle to get short - and watch the EUR/CHF pair!

Published on 23rd of January 2012
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