Chart of the Day: USD/CHF
|The USD/CHF Swissy slipped once again to the long term weekly trend line at the .9250 level. The daily RSI just went oversold, but the risk of a bounce near these levels may be high as the Swiss National Bank always seems to be "in the market" near these big levels of support. This is also the 88.6% Fibonacci support from the March lows to highs from this year.
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