USD/CHF Bearish Outlook, November 08, 2011

USD/CHF

The pair dollar-Swiss franc weakened opening of the trading week as weak macro data arrived. Consumer Price Index came out 0.1% when the market had expected a positive figure of 0.2%.

Figure technique, we can see that the Swiss franc will have to face the 0.9150 resistance level on several occasions and has served as a barrier in the rise of the pair, we believe that there will be a good point of reversal of the trend, to locate our bearish positions. with an objective to support nearest to 0.8660. dollars for Swiss franc.