USDCHF: Technical Outlook & Forecast For Next Week 🇺🇸🇨🇭

Penjualan

Dollar A.S. / Franc Swiss (OANDA:USDCHF)

OANDA:USDCHF Dollar A.S. / Franc Swiss

trendline supplyanddemand parallelchannel usdchf usdollar usd dollar forex trading techincalanalysis forecast containsimage

USDCHF was consolidating for some time within a horizontal trading range on a daily.
After the yesterday's NFP release, the market dropped sharply.

The price successfully violated a support of the range and a rising trend line, and closed below them both.

The broken trend line and a horizontal support now compose the expanding supply zone,
from where, I would recommend looking for shorting.

Bears will most likely push the price lower next week.
Next goal - 0.8845

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