easyMarkets

USDCHF under heavy bearish pressure, watch for the break!

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
USDCHF is under heavy bearish pressure from our bearish channel and bearish Ichimoku cloud. We watch for the break of major support at 0.9831 to potentially open a big drop down to major support at 0.9742 (long term Fibonacci retracement).

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