USD/CHF is consolidating its losses this Thursday. The level to beat for bears is the 0.9855 support. USD/CHF daily chart On the daily chart, USD/CHF is trading in a range below its main daily simple moving averages (DSMAs). The market is approaching the October low, currently at the 0.9837 price level. USD/CHF daily chart(see more posts on USD/CHF, ) - Click to enlarge USD/CHF four-hour chart USD/CHF is under bearish pressure below its main SMAs as the market is nearing the 0.9855 support level. A break below this level can lead to an extension of the current bear leg towards the 0.9798 price level, according to the Technical Confluences Indicator. USD/CHF four-hour chart(see more posts on USD/CHF, ) - Click to enlarge USD/CHF 30-minute chart
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USD/CHF daily chartOn the daily chart, USD/CHF is trading in a range below its main daily simple moving averages (DSMAs). The market is approaching the October low, currently at the 0.9837 price level. |
USD/CHF daily chart(see more posts on USD/CHF, ) |
USD/CHF four-hour chartUSD/CHF is under bearish pressure below its main SMAs as the market is nearing the 0.9855 support level. A break below this level can lead to an extension of the current bear leg towards the 0.9798 price level, according to the Technical Confluences Indicator. |
USD/CHF four-hour chart(see more posts on USD/CHF, ) |
USD/CHF 30-minute chartUSD/CHF is trading below its main SMAs, suggesting a bearish bias in the near term. However, the market has been consolidation the recent losses this Thursday which is just a pause. Resistances can be seen at the 0.9875 and 0.9915 price levels, according to the Technical Confluences Indicator. |
USD/CHF 30-minute chart |
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