Aug 14 2007
Strong Buying Signal USD/CHF
There is a very distinct channel forming on the daily chart, and there has been a breach through the upper level of the channel. The RSI is floating in 50, meaning there is going to be strong momentum up. The width of the channel states that the move can last until, 1.2210, that is more than 100 pips profit.
look at the chart here:
