olly48

USD/CHF Could be range bound

Short
FOREXCOM:USDCHF   U.S. Dollar / Swiss Franc
This found support at 0.876 level. This could now range between the levels indicated of 0.919 to 0.876. USD has been significantly weakening and this is expected to continue so if it breaks the lower support take profit is at -0.272 Fibonacci. Entry should be on retest of the previous support which would now be resistance.