USDCHF - page 2

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USD/CHF climbed above parity with price now trading around 1.0008. Main trend on the short-term remains in consolidation. 
 
USD/CHF is now trading at 1.0064. The pair seems to consolidate around parity until something major stirs the markets.
 
USD/CHF is having a time when it must decide whether it will continue going down making a trend reversal on the short term or it will keep on going to the upside. Today we might get a hint from the latest US CPI and ARS data.
 
The pair seems to be insecure on its way down as bulls tried to bring the price back above parity. Interesting to see how the bears react in the coming week.
 
USD/CHF appears to be losing steam as price went to a low of 0.9896 but then bulls then took control over the pair and brought it back up to weekly close at 0.9954.
 
USD/CHF posted new losses this week. I think the downtrend will continue.
 

USDCHF Sell zone


 
Interesting move this week, i expect the downward move to continue.
 
Strong bearish channel last week. Probably it will keep on going down.
 
Found support at 0.97, next bull target 0.9840.
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