USD/CHF: Bearish Outlook with Potential Fluctuations Ahead
Hello Everyone,
The USD/CHF has hit a peak, and the long-term outlook for this pair suggests a bearish trend, potentially leading towards the 1-year support level. To validate this bearish momentum, we require a sustained position below the 1-day pivot point (PP), and eventually, the same confirmation below the 1-week PP. While this projection seems solid, its evolution remains uncertain, and there might be occasional upward fluctuations.
TradeWithTheTrend3344
The USD/CHF has hit a peak, and the long-term outlook for this pair suggests a bearish trend, potentially leading towards the 1-year support level. To validate this bearish momentum, we require a sustained position below the 1-day pivot point (PP), and eventually, the same confirmation below the 1-week PP. While this projection seems solid, its evolution remains uncertain, and there might be occasional upward fluctuations.
TradeWithTheTrend3344