easyMarkets

USDCHF has broken out of major support triggering a bearish drop

Corto
FX:USDCHF   Dólar estadounidense/Franco suizo
USDCHF has finally broken our support-turned-resistance at 0.9831 triggering a strong bearish drop from here. We are aided by strong bearish momentum from our bearish channel and our bearish Ichimoku cloud.
We are waiting for some strength to push prices back up to resistance at 0.9831 (Fibonacci retracement, horizontal pullback resistance, breakout level).

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