ISSN: 2056-3736 (Online Version) | 2056-3728 (Print Version)


USD/CHF: With corrective weakness triggered on the daily chart and a higher ,level rejection candle formed on the weekly chart, we expect price weakness in the days ahead. On the downside, support lies at the 0.9000 level with a break targeting the 0.8950 level. A cut through here will target the 0.8900 level where a violation will open the door for more weakness towards the 0.8842 level. On the upside, resistance resides at the 0.9100 level where a break will aim at the 0.9150 level. Further out, resistance resides at the 0.9200 level. A breather may occur here and turn the pair lower. All in all, the pair remains biased to the downside on pullback risks.