USD/CHF Bears Strengthen Their Hold – Likely To Move Below 0.91000 Area

avatar
· 閱讀量 185

#OPINIONLEADER# #Signal#

USD/CHF Bears Strengthen Their Hold – Likely To Move Below 0.91000 Area

ByLCMS Traders FX Analysis Team

 AUG 17, 2021

USD/CHF Daily Forecast

USD/CHF is extending the downside after hitting a recent high of 0.9242. Currently, the pair is trading at 0.91058 and appears to be heading further lower. The intraday support levels are at 0.9100 and 0.9068. The near-term resistance areas are at 0.9122 and 0.9153.

On the intraday charts, the pair is keeping below the moving average, the SMA-14 is at 0.9123 and the SMA-50 is at 0.9143. The mid-Bollinger band is at 0.9133 while the upper and lower bands are at 0.9258 and 0.9000 respectively. The RSI is at 45 and favors the bears. The current intraday and 4-hourly price pattern is strongly bearish and the downside is likely to be extended which favors selling entries using the following levels.

Direction: Sell

Entry: 0.9115

Take Profit: 0.9075

Stop-Loss: 0.9145

USD/CHF Bears Strengthen Their Hold – Likely To Move Below 0.91000 Area

風險提示:本文所述僅代表作者個人觀點,不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證,對於基於該內容所採取的任何行為,不承擔任何責任,除非另有書面明確說明。

喜歡的話,讚賞支持一下
回覆 0
暫無留言。 來發表第一則觀點吧。

  • tradingContest