{"id":13172,"date":"2010-09-19T21:22:37","date_gmt":"2010-09-20T01:22:37","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=13172"},"modified":"2010-09-19T21:22:37","modified_gmt":"2010-09-20T01:22:37","slug":"usdchf-stays-in-a-price-channel","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/09\/19\/usdchf-stays-in-a-price-channel\/","title":{"rendered":"USDCHF stays in a price channel"},"content":{"rendered":"<p>USDCHF stays in a falling price channel on 4-hour chart and remains in downtrend, and the bounce from 0.9932 is more likely consolidation of downtrend. Range trading between 0.9932 and 1.0277 would is expected in a couple of day. As long as 1.0277 key resistance holds, another fall to 0.9700 is still possible after consolidation. However, a break above 1.0277 will indicate that the fall from 1.1730 (Jun 1 high) has completed at 0.9932 already, then the following upward movement could bring price to 1.1000 area.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/blog.forexcycle.com\/wp-content\/uploads\/2010\/09\/20100920_usdchf_1.gif\" alt=\"usdchf\" width=\"400\" height=\"300\" \/><\/p>\n<p><a href=\"http:\/\/www.forexcycle.com\/\" target=\"_blank\">Daily Forex Signals<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>USDCHF stays in a falling price channel on 4-hour chart and remains in downtrend, and the bounce from 0.9932 is more likely consolidation of downtrend. Range trading between 0.9932 and 1.0277 would is expected in a couple of day. As long as 1.0277 key resistance holds, another fall to 0.9700 is still possible after consolidation. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/09\/19\/usdchf-stays-in-a-price-channel\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;USDCHF stays in a price channel&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-13172","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/13172","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=13172"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/13172\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=13172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=13172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=13172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}