The trend for UsdChf is strongly and clearly down. Since the recent touch of 0.9 support, the pair traded in a 200 pips range and I think this range is about to broken down.
With DXY also strongly bearish, UsdChf can drop to 0.87 zone in the medium term.
0.9050-0.9070 could be a good place to search for selling signals.
My bearish outlook is negated by a daily close above 0.92
With DXY also strongly bearish, UsdChf can drop to 0.87 zone in the medium term.
0.9050-0.9070 could be a good place to search for selling signals.
My bearish outlook is negated by a daily close above 0.92
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