21st Aug - USD/CHF Close to Confirming Earlier Bull Signal
21 August 2014
MONTHLY CHART:
After earlier hugging the main falling resistance line prices have now broken through this, suggesting growing bull enthusiasm.
DAILY CHART:
Violation of the bear channel top provided an initial bull signal here. However, in the Commodity Specialist Guide we have also wanted to see a violation of the 0.9132 38.2% retracement, which is now under test. Success here would invite higher targets.
Next story:
28th Aug - NZD/USD Breaking Supports 
Previous story:
21st Aug - Soybeans – Support Around the Corner?