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FX.co ★ USD/CHF: Remain bearish below strong resistance

USD/CHF: Remain bearish below strong resistance

We remain bearish looking to sell below 1.0142 resistance (Fibonacci extension, Fibonacci retracement, horizontal resistance) for a push down to 1.0071 support (Fibonacci retracement, horizontal swing low support).

Stochastic (55,5,3) is seeing major resistance below the 95% level.

Sell below 1.0142. Stop loss is at 1.0116. Take profit is at 1.0071.

USD/CHF: Remain bearish below strong resistance

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