Here's the One USD/CHF Chart to Watch

2020년 8월 27일

U.S. Dollar / Swiss Franc is very close to hit lowers highs line and apex isn't far from here. According to this chart, upper breakout possibilities are higher compare to downward.

For short-term traders:
Target Price 1: 0.91200
Target Price 2: 0.91500

For long-term investors:
Target Price 1: 0.91800
Target Price 2: 0.91920+

Look into the chart, USDCHF has tested 5.7 years low after breaking out the support trendline.

Therefore, short position cannot initiate after breakout of higher lows line. A downtrend will start the support trendline breakout only. That can be for 0.90500 to 0.90250 levels.