easyMarkets

USDCHF has broken out of major support triggering a bearish drop

FX:USDCHF   미국 달러 / 스위스 프랑
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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