USD/CHF: rebound from the low line of the channel. Technical analysis of 05/05/2016

Forex analytics: Review and dynamics From the level of 1.0300 in December 2015 the pair USD/CHF has dropped by over 700 points by now. On the daily chart the pair declines in the channel with the lower limit at the level of 0.9445 and the upper limit at 0.9775 (ЕМА200, ЕМА144 on the daily chart). Further decline in the pair is prevented by the strong support level of 0.9565 (ЕМА200 on the weekly chart) ...