Today in forex trading the CHF (Swiss Franc) was weak on all pairs. You can see the trading alerts below on The Forex Heatmap®. The CHF weakness drove substantial price movement on these pairs. The AUD/CHF moved higher and this pair is now at one fairly strong resistance level, so we would consider some profit taking at these price levels. The CAD/CHF moved higher and is likely going to continue higher on the larger time frames and trends as it looks like it is breaking out of resistance. The heatmap gives clear visual alerts indications of strength and weakness for 8 currencies and 28 pairs, for guiding buy and sell decisions.
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