Article Summary:

Here you will find detailed info about currency trading and Forex training, currency exchange and online Forex trading platform.A rather awkward version of a descending triangle pattern has formed on the USD/CHF weekly chart. It begins with a huge fall in October 2008 (when the global financial crisis began) and is currently coming close to its end with the range


Article Content:

A rather awkward version of a descending triangle pattern has formed on the USD/CHF weekly chart. It begins with a huge fall in October 2008 (when the global financial crisis began) and is currently coming close to its end with the range of a price change narrowing down from above. This is probably a continuation pattern that will result in a bearish breakout. Click on the image to get a larger picture:

USD/CHF, Weekly, Descending Triangle, 2009-08-08