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ToniSignals

USD/CHF Signal - USD 3 Month Bill Auction - 1 Nov 2021

Short
U.S. Dollar / Swiss Franc (FX:USDCHF)  
ToniSignals  
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Harmonic Patterns Chart Patterns USDCHF swissie Forex forexsignals forextrading forexlifestyle forexmoney
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trendanalysis harmonicpatterns chartpattern usdchf swissie forex forexsignals forextrading forexlifestyle forexmoney
USDCHF has traded into the fibonacci golden pocket resistance zone prior to the USD 3 Month Bill auction, which reveals the yields on the US Government backed security. Technically the pair is trading in the fibo golden pocket, and the RSI has recently given an overextened signal. We are also seeing bearish divergence form on the USDCHF 1h RSI, another bearish indicator.

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