USDCHF--Thursday, July 1, 2010
A quick update on a pattern in USDCHF explored in a post 10 days ago:
We have had support at the 1.618 and 2.618 Fibonacci levels. The next expected support should be right around the 1.06 level, which would be the 4.236 (phi or 1.618 to the 3rd power) level.