USD/CHF Throwback

USD/CHF has opened with a gap up and continues to increase on the daily chart. Looks like we had a false breakdown below the 0.9440 static support and under the lower median line (lml) of the minor descending pitchfork. A retest of the lower median line (lml) will confirm a further increase in the upcoming period, the next important upside target will be at the median line (ml) of the minor descending pitchfork.

MultiBank Exchange Group
MultiBank Exchange Grouphttp://www.mexgroup.com
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

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