GOLDFXCC

USDCHF H8 | Possibly changing the Momentum

FX:USDCHF   U.S. Dollar / Swiss Franc
- USDCHF went down form 0.9901 extended to as low as 0.9207 last week and initial bias stays on the downside. Further downside could be seen to 0.9181 low.
- Sustained break of 0.9181 will extend a larger decline to next fibonacci projection level at 0.9081.
- On the upside, above 0.9260 minor resistance will turn up intraday bias.

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