USD/CHF Technical Analysis For May 5, 2011Irit Rutenbergupdated May 05, 2011TweetAt GET.com we maintain complete editorial integrity on our content & provide transparent & unbiased information. Companies don't pay us to include their products although we receive a compensation when you successfully apply to products from our partners. See how we make money here.At GET.com we maintain complete editorial integrity.By ForexMansion.com The USD/CHF poked through the lows today, but ended up printing a hammer around the 85 level showing a possible bounce form that level. The pair looks to be oversold and certainly could use a bit of a bounce as it could attract new sellers, especially if we could get to the 0.90 area, which was the point of our last major breakdown. However, we do not recommend buying this pair as the downtrend is so strong. Originally posted here Read more about forex technical analysis, forex fundamental analysis and forex news on ForexMansion.comAbout ForexMansion.com:www.ForexMansion.com is a part of the Finance Mansion Network which operates global financial websites. Our goal is to provide our readers with the most accurate, quality and up-to-date technical analysis, fundamental analysis and news in order to assist them in making the right financial decisions. The Finance Mansion Network includes www.FinanceMansion.com,www.ForexMansion.com, www.StocksMansion.com, www.CommoditiesMansion and many more.Editorial Disclosure: Any personal views and opinions expressed by the author in this article are the author's own and do not necessarily reflect the viewpoint of GET.com. The editorial content on this page is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author's alone, not those of the companies mentioned, and have not been reviewed, approved or otherwise endorsed by any of these entities.