UsdChf- Important break. Don't try to catch a falling knife!!!

1 018
UsdChf is in a downtrend, there is no question about this and, recently, after a small retrace to the upside contained in a bear flag, the pair dropped again to support.
A break of this support followed 2 days ago and a huge drop yesterday.
At this moment anything is possible and considering that usually UsdChf acts inverse as EurUsd, the fact that the latter is near 1.12 very important resistance could trigger a correction here also.
But, and there is a VERY BIG BUT...

In recent years, although UsdChf is the major and EurChf is the cross, fundamental reasons made EurChf the major and UsdChf the cross and, looking at the EurChf chart we see also here an important breakdown, and here also we could see a continuation to the downside:

스냅샷

In conclusion:
1. UsdChf- Try to sell rallies and a good zone for this could be towards 0.88
2. EurChf- Recently broken support should act as resistance and traders could look for selling opportunities in that zone.



면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.