Technical analysis of USD/CHF for February 08, 2017
February 8, 2017 9:15 amVideo
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Overview:
Briefly, the price spot of 0.9990-0.9960 remains a significant resistance zone. So, a possibility that the USD/CHF pair will have downside momentum is rather convincing and the structure of a fall does not look corrective. In order to indicate a bearish opportunity below 0.9990-0.9960. Sell below 0.9990-0.9960 with the first targets of 0.9890, 0.9860 and 0.9800. However, the stop loss should be located above the level of 1.0021.
The material has been provided by InstaForex Company – www.instaforex.com
Source: Instaforex.com
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