FX:USDCHF   U.S. Dollar/Swiss Franc
56 1 1
This pair is in a downtrend for a while now. A recent side-ways movement and then a confirming bearish price action             signal (a strong rejection of a resistance zone ) could mean that the price is ready to make another move to the down side.

Please note a long term support level at 0.8600 level (clearly visible on weekly chart). Looks like price is making a push towards that level.
I can see three support levels: .8625, .8568, .8520. Unless the ongoing correction turns to some serious (and nefarious) reversal, these are my long-term targets. Now that .87 has been hit, there can be a lot of bullish-minded traders pushing it higher, so let's see, how this correction actually develops.
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out