USDCHF - Loses Upside Momentum, Vulnerable

Discussion in 'Technical Analysis' started by Kaitlin, Jul 7, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    USDCHF Having the pair lost upside pressure, further decline looks to follow lower. On the downside, support lies at the 0.9700 level. A turn below here will open the door for more weakness towards the 0.9650 level and then the 0.9600 level. Its daily RSI is bearish and pointing[​IMG]

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