Hong Kong Qindex 05:06 GMT January 8, 2011
CAD/CHF : Critical Point 0.9826: Reply
CAD/CHF : Critical Point 0.9826
The bias is on the downside when the market is below the weekly cycle pivot center at 0.9783. This week the market hit a low and a high at 0.9333 and 0.9761 respectively and it closed around 0.9756. As shown in the monthly cycle charts a critical point is positioning at 0.9826.
CAD/CHF : Monthly Cycle Charts
http://www.qindex.com/cad-chf.html