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USD/CHF Weekly Outlook

USD/CHF’s down trend extended to 0.8756 last we, but recovered just ahead of 61.8% projection of 0.9901 to 0.8998 from 0.9304 at 0.8746. Initial bias stays neutral for some consolidations first. Outlook will remain bearish as long as 0.8918 resistance holds. Break of 0.8756 will target long term projection level at 0.8639. However, sustained break
The post USD/CHF Weekly Outlook appeared first on Action Forex.

USD/CHF’s down trend extended to 0.8756 last we, but recovered just ahead of 61.8% projection of 0.9901 to 0.8998 from 0.9304 at 0.8746. Initial bias stays neutral for some consolidations first. Outlook will remain bearish as long as 0.8918 resistance holds. Break of 0.8756 will target long term projection level at 0.8639. However, sustained break […]

The post USD/CHF Weekly Outlook appeared first on Action Forex.

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