If we look at the 4 hour chart, the USD/CHF pair is in a bearish condition. Under this condition the price is moving in a down slope channel. Unless this pair breaks out and closes above the 0.9912 level, it will try to test the next previous support at 0.9829 level as the target.
The material has been provided by InstaForex Company – www.instaforex.com
If we look at the 4 hour chart, the USD/CHF pair is in a bearish condition. Under this condition the price is moving in a down slope channel. Unless this pair breaks out and closes above the 0.9912 level, it will try to test the next previous support at 0.9829 level as the target.
The material has been provided by InstaForex Company – www.instaforex.com
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