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USD/CHF Technical Analysis July 25, 2011

By:
FX Empire Editorial Board
Updated: Jan 1, 2011, 00:00 GMT+00:00

The USD/CHF pair rose, then fell on Friday showing that any real attempt to rally this pair should be sold into still. The pair simply cannot get out of

USD/CHF Technical Analysis July 25, 2011

The USD/CHF pair rose, then fell on Friday showing that any real attempt to rally this pair should be sold into still. The pair simply cannot get out of its own way, and with the debt ceiling talks stalling in America, one has to think it is just the latest reason to sell this pair. We sell rallies, and new lows. We never buy this pair.

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