USDCHF: Risk Remains To The Downside On Bear Pressure

From FXTechstrategy
March 17, 2017 - 7:10pm
USDCHF: The pair weakened the past week leaving risk to the downside into the new week. On the downside, support lies at the 0.9950 level. A turn below here will open the door for more weakness towards the 0.9900 level and then the 0.9850 level. Its daily RSI is bearish and pointing lower suggesting further weakness. On the upside, resistance resides at theContinue reading

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