theforexportal
Short

USD/CHF looks weak

FX:USDCHF   U.S. Dollar / Swiss Franc
USDCHF was not one of the many USD pairs that did well last week in fact it finished just 5 pips higher than it started although its range was 140 pips.
This doji week suggest indecision so its fair to say the price could go either way but this pair seems to have run out of steam and Friday put in a strong BEAR candle so I'm BEARISH .
A move down to retest parity looks on the cards.
A move above 1.0147 turns the picture more BULLISH .
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