ANALYSIS: FINAL MOVE FOR USDCHF
USDCHF is potentially about to see another move lower as it forms a double
top on the 4hr timeframe. The weekly chart does remain bearish here and with the USD Index
at the key resistance, we could see some short-term USD weakness re-enter the market.
A break below the trendline support will allow us to look for further shorting opportunities.
top on the 4hr timeframe. The weekly chart does remain bearish here and with the USD Index
at the key resistance, we could see some short-term USD weakness re-enter the market.
A break below the trendline support will allow us to look for further shorting opportunities.
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