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Forecast for The Week - levels for USD/CHF: bearish breakdown

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by , 04-02-2016 at 07:50 PM (1262 Views)
      
   
USD/CHF: bearish breakdown. Daily price is on bearish breakdown with 0.9571 key support level and descending triangle pattern to be broken to below.

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  • if the price breaks 1.0091 resistance so the price will be reversed to the bullish market condition;
  • if the price breaks 0.9571 support level so the primary bearish will be continuing;
  • if not so the price will be moved within the channel.

Resistance
Support
1.0091 0.9571
1.0299 N/A

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