SunRiseZoneFX
Short

USD/CHF SHORT Trade Short Setup 5 Hours Down Trend Analysis!

FX:USDCHF   U.S. Dollar/Swiss Franc
USD/CHF             SHORT Trade Short Setup 5 Hours Down Trend Analysis!

USD/CHF: Swiss Franc trading marginally higher this morning but for the 24 hours to 23:00 GMT, the USD declined 0.14% against the CHF and closed at 0.9454. In the Asian session, at GMT0300, the pair is trading at 0.9452, with the USD trading a tad lower from yesterday’s close. The pair is expected to find support at 0.9403, and a fall through could take it to the next support level of 0.9354. The pair is expected to find its first resistance at 0.9510, and a rise through could take it to the next resistance level of 0.9561. The currency pair is trading below its 20 Hr             and 50 Hr             moving averages .
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