Sentiment : 0.96 0.9550
The pair USD/CHF took up yesterday its bearish movement and got back below 0.95, comforting our bearish feeling. All indicators are bearish. The pair continues to move into its bearish channel (purple lines). We continue to advise short positions as far as 0.9550 is resistance. The breakout of 0.9423 will give a new sell signal and open the way towards 0.9350. In case of return above 0.9550, we will wait the breakout of 0.96 to advise long positions.
Chart of the pair USD/CHF - Timeframe 4H - Zoom in :
Chart of the pair USD/CHF - Timeframe 4H - Zoom out:
USD/CHF Live Chart - Timeframe : 4h