USD / CHF Technical Analysis - Uniglobe Markets

USD / CHF Technical Analysis

Posted on June 11, 2019 at 05:00 AM

We are still in the bearish direction of the USDCHF, now settling around 0.9900

We are still expecting an extension in the bearish direction, and all we need today is a break of 0.9820 to confirm the extension of the bearish trend. From the top, a breach of 0.9940 will make us concerned about these negative outlooks.

Support: 0.9850

Resistance: 0.9940

Trend: Down below 0.9900 targeting 0.9820 as long as 0.9940 remains intact

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