USD / CHF Technical Analysis - Uniglobe Markets

USD / CHF Technical Analysis

Posted on marzo 15, 2019 at 09:51 AM

The USDCHF is still trading negatively and stabilizes around 1.0035, stability below this level is considered negative.

We expect an extension to the downside, and all we need today is a break of 0.9960 to confirm the extension of the bearish trend. From the top, a breach of 1.0080 will make us concerned about these negative outlooks.

Support: 1.0000

Resistance: 1.0100

Trend: Down below 1.0035 targeting 0.9960 as long as 1.0080 is intact

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