FX.co ★ blaise.rogahn | USD/CHF

Hello traders! Currently, I am analyzing the USD/CHF currency pair on a four-hour chart. The currency rate dropped from 0.8214 to 0.7870 on this timeframe. After touching the 0.7870 level, the rate bounced back up and surpassed 0.7940. At the moment, the currency rate is trading at 0.7916. However, buyers failed to sustain above the 0.7940 level, leading to a decline in the currency rate. I anticipate that the downtrend will continue towards the 0.7800 level. Wishing all traders a positive mood and plenty of profits in trading.