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Investroy

USD/CHF: textbook "M" pattern. Nice drop pending

Short
U.S. Dollar / Swiss Franc (OANDA:USDCHF)  
Investroy  
OANDA:USDCHF   U.S. Dollar / Swiss Franc
Support and Resistance Supply and Demand Head and Shoulders USDCHF priceaction Technical Analysis Forex forextrading investroy
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supportandresistance supplyanddemand headandshoulders usdchf priceaction technicalanalysis forex forextrading investroy
As it can be noticed from the graph, the price has nicely broken below the 0.985 area of previous support now turned into resistance and re-tested the broken structure by printing a wick candle.

We are pretty positive that the price will keep declining till the 0.97 zone of support is reached.
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