USD/CHF Remains Bearish Near All-Time Lows

USD/CHF as of Friday has continued to consolidate near the alltime low of 0.8325 that was just established earlier this month. This occurs within the context of a longterm, mediumterm, as well as shortterm bearish trend that has been displaying strong technical characteristics. The most recent shortterm bearish leg initiated when the important 0.8550 level, which was key prior support, held strong as current resistance. For D/CHF forex technical analysis, please click here.

Director of Technical Research and Education
FXDD

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