USD/CHF Weekly Outlook

USD/CHF’s down trend resumed last week and hit as low as 0.8855. A temporary low could be in place and initial bias is neutral for some consolidation first. Upside of recovery should be limited by 0.8982 support turned resistance to bring another decline. On the downside, break of 0.8885 will target 61.8% projection of 0.9901
The post USD/CHF Weekly Outlook appeared first on Action Forex.

USD/CHF’s down trend resumed last week and hit as low as 0.8855. A temporary low could be in place and initial bias is neutral for some consolidation first. Upside of recovery should be limited by 0.8982 support turned resistance to bring another decline. On the downside, break of 0.8885 will target 61.8% projection of 0.9901 […]

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

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