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Forex Analysis: USD/CHF Classic Technical Report 01.15.2013

Ilya Spivak

Prices are testing above resistance at a falling trend line set from early November (0.9237), with a break higher exposing swing highs at 0.9302 and 0.9382. Near-term support is at a rising trend line established from the December 19 swing low, now at 0.9111.

Forex_Analysis_USDCHF_Classic_Technical_Report_01.15.2013_body_Picture_1.png, Forex Analysis: USD/CHF Classic Technical Report 01.15.2013

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--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

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