USDCHF - page 12

 
USDCHF reacted bullishly to no apparent reasons in the afternoon EU hours. I think the pair will depreciate more next week.
 
USDCHF erased most of the losses accumulated in recent weeks. I think the pair could break parity next week.
 

After breaking the parity, the USD/CHF broke and the key support level at 0.99. Now bears are eyeing 0.9950 – 0.9930 area. 

 

USD/CHF is extending losses and is about to cross 0.99 to below. The first support is seen at 0.9890 ahead of 0.9840. 

 
Neutral at this point, bearish for the long term.

 

USD/CHF dropped today with around 40 pip and crossed to below the 0.99 handle. The pair found support at the weekly low and it seems that the bulls will try to retake this level.

 
I am looking to short the pair if it gets below 1.0060.
 
The pair is holding the parity but there is strong bearish momentum. However strong support is lying at 0.9990.
 
Below 0.9940 could mean trouble for the exchange rate.
 
The pair is pushing higher, fighted the 0.99 level, next target it seen at 0.9945.
Reason: