USDCHF - page 14

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Ari Goldman
995
Ari Goldman  
USD/CHF broke the support at 0.9790 and is now trading below it. I expect the pair to continue to trade South.
mtllc
259
mtllc  

Since second half of August the USD/CHF pair started to fall sharply and currenlty is trading around 0.97, its lowest level for the recent four and a half months. Indicators on the four hour time frame remain in oversold territory and it seems that bears are trying to keep the donward trend intact. The pair remains contained within the bear channel with bulls finding resistance at the 0.9700 resistance while the bearish target is to recapture the 2018 low at 0.9651. 

fxstrategist007
163
fxstrategist007  
The USDCHF completes four consecutive sessions consolidate just below the 0.9700 level. The bearish trend is still in place on the pair, but the 0.9650 level may act as support.
Ari Goldman
995
Ari Goldman  
The pair moved to the upside these past month, I think parity would be a good time to go short.
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