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FX.co ★ Technical analysis of USD/CHF for June 05, 2018

Technical analysis of USD/CHF for June 05, 2018

Technical analysis of USD/CHF for June 05, 2018

If we look at the 4 hour chart, the USD/CHF pair is in a bearish condition. Under this condition the price is moving in a down slope channel. Unless this pair breaks out and closes above the 0.9912 level, it will try to test the next previous support at 0.9829 level as the target.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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