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Daily Analysis for USDCHF, 31.10.2012 October 31, 2012

After a positive session on Monday, on Tuesday the currency pair USDCHF reported loss. The session started at levels around 0.9364 and the price went down sharply, reaching the price of 0.9299 and later closed at 0.9321. The pair failed to break the upper limit of the range, in which it is moving and most likely the direction will continue down reaching the support level at 0.9209.

Support: 0.9209, 0.9042;
Resistance: 0.9437, 0.9636;



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