ByLCMS Traders FX Analysis Team
AUG 2, 2021
USD/CHF Forecast
USD/CHF is extending the losses ever since it hit a recent high of 0.9270. Currently, the pair is trading at 0.9059 with immediate support levels at 0.9030 and 0.9000. The intraday resistance zones are at 0.9072 and 0.9092. The pair is currently keeping below the key support levels and appears to be heading further lower. The technical indicators are in line with the downward momentum and present selling opportunities using the following levels
Direction: Sell
Entry: 0.9070
Take Profit: 0.9030
Stop-Loss: 0.9105
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