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Foxinlondon
Feb 5, 2017 5:27 PM

USD/CHF Daily 

OANDA:USDCHF1D
USD/CHFOANDA

Description

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0.985 - important strong support level

Bearish scenario: daily close below 0.985 will open the way to 0.97 (200 EMA on Weekly time frame, long term uptrend line).
Bullish: reversal around 0.985-0.99 and close above 0.995 - profit targets at 1.004, 1.0155 and 1.0345

Situation similar and correlated to DXY.
USDCHFusdchfanalysisusdchfideausdchfshortusdchflongusdchfdailyusdchftradeusdchfoutlook
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