Oct 21, 2008
By: Lisa
The player will show in this paragraph
Interesting day today!
Let's take a few minutes to review the action in the six majors today...
Starting with the USD Swiss Franc, The Swissie continues its attempt to break to the upside, but hit resistance at the one-fifteen nineties with stronger support in the one-fifteen hundreds. We are looking at the swissie for a possible uptrend, but we want to see it break through resistance.
The dollar yen carried a downtrend throughout the trading day, with a high of 102.15 and a low of 100.12 -- Dollar yen appears to have broken support at 101.50, so we will continue watching to see if it generates new support at 100.00 even.
