# USD/CHF Major Correction to .9200 (November 5, 2013) Source: https://www.tradersway.com/resources/market-info/usd-chf-major-correction-to-9200-november-5-2013/ Language: en Updated: 2013-11-05 Description: Explore USD/CHF Major Correction to .9200 (November 5, 2013). USD/C. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding. USD/CHF’s rallies might soon be over, as the pair is approaching a potential resistance level. The .9200 major psychological mark has acted as support in the past and is around the Fibonacci retracement levels on the daily time frame, which means that it could keep the pair from climbing any higher. Stochastic hasn’t quite reached the overbought zone yet though, so dollar bulls could still push this pair up to the .9200 mark for now. Be mindful of a turn and a downward crossover in stochastic, as this could suggest that dollar bulls are exhausted and that bears might jump in. ![USD/CHF Major Correction to .9200 (November 5, 2013)] Shorting around .9200 with a stop above the highest Fib level and a target of the previous lows around .8950 could yield a high return on risk. *By Kate Curtis from Trader’s Way* ## Structured data JSON-LD as served in the HTML version of this page. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Article", "@id": "https://www.tradersway.com/resources/market-info/usd-chf-major-correction-to-9200-november-5-2013/#primary", "url": "https://www.tradersway.com/resources/market-info/usd-chf-major-correction-to-9200-november-5-2013/", "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/usd-chf-major-correction-to-9200-november-5-2013/", "headline": "USD/CHF Major Correction to .9200 (November 5, 2013)", "inLanguage": "en", "datePublished": "2013-11-05T11:46:22+00:00", "dateModified": "2013-11-05T11:46:22+00:00", "articleSection": "Market Info", "description": "Explore USD/CHF Major Correction to .9200 (November 5, 2013). 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