USD/CHF SHORT Trade Short Setup 5 Hours Down Trend Analysis!
USD/CHF: Swiss Franc trading marginally higher this morning but for the 24 hours to 23:00 GMT, the USD declined 0.14% against the CHF and closed at 0.9454. In the Asian session, at GMT0300, the pair is trading at 0.9452, with the USD trading a tad lower from yesterday’s close. The pair is expected to find support at 0.9403, and a fall through could take it to the next support level of 0.9354. The pair is expected to find its first resistance at 0.9510, and a rise through could take it to the next resistance level of 0.9561. The currency pair is trading below its 20 Hr and 50 Hr moving averages.
USD/CHF: Swiss Franc trading marginally higher this morning but for the 24 hours to 23:00 GMT, the USD declined 0.14% against the CHF and closed at 0.9454. In the Asian session, at GMT0300, the pair is trading at 0.9452, with the USD trading a tad lower from yesterday’s close. The pair is expected to find support at 0.9403, and a fall through could take it to the next support level of 0.9354. The pair is expected to find its first resistance at 0.9510, and a rise through could take it to the next resistance level of 0.9561. The currency pair is trading below its 20 Hr and 50 Hr moving averages.