Select Page

Get More Power Over Your Trading With Less Hassle

FXTechstrategy delivers powerful buy/sell trade ideas with stop losses, price targets and super-easy analysis to help you improve your results

USDCHF: Follows Through Lower, Eyes 0.9662 Zone

USDCHF: Having the pair sold off the past week and followed through lower during Monday trading session, further weakness is envisaged. On the downside, support lies at the 0.9662 level. A turn below here will open the door for more weakness towards the 0.9600 level and then the 0.9550 level. Its daily RSI is bearish and pointing lower suggesting further weakness. On the upside, resistance resides at the 0.9800 level where a break will clear the way for more strength to occur towards the 0.9850 level. Further out, resistance comes in at the 0.9900 level and then the 0.9950 level. All in all, USDCHF remains biased to the downside on further price weakness.

USDCHF: Follows Through Lower, Eyes 0.9662 Zone

 

GET MORE POWER OVER YOUR TRADING WITH LESS HASSLE

The Award-Winning Analysis Solution for Forex & Commoditidy Traders

Your trading, made easier

R
Get 15+ super-easy trade ideas with powerful daily analysis and easy-to-understand strategy eBook
R
Stay on top of every move with price action to help you make easier, faster, and more accurate trading decisions.
R
Whether your strategy is for day trading or swing trading FXTechstrategy analysis fits in seamlessly with no hassles.

See Plans and Get Started