Forex Opinion & Analysis

USD/CHF: Range Continuation

  USD/CHF -0.55% Add to/Remove from Watchlist Add to Watchlist Add Position

Position added successfully to:

Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50 1:100 1:200 1:400 1:500 1:1000 Commission:   Create New Watchlist Create Create a new holdings portfolio Add Create + Add another position Close DX -0.85% Add to/Remove from Watchlist Add to Watchlist Add Position

Position added successfully to:

Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50 1:100 1:200 1:400 1:500 1:1000 Commission:   Create New Watchlist Create Create a new holdings portfolio Add Create + Add another position Close

Bearish: USD/CHF is currently at 0.9422 in a channel in a range. If we can break the support here, we are looking for a continuation to the ATR target at 0.9352 with a further target the range bottom at the 0.9300 area.

We have convergence on the hourly. The target up is 0.9490 if it reverses. Watch the USDX for any change in direction. The ATR for the pair currently is 104 pips per day, and its 180-day average is 98 pips per day. USDX is currently down.USD/CHF price chart.

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