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USD/CHF Moves Toward All-Time Low

USD/CHF Moves Toward All-Time Low

Thomas Long, Course Instructor

The series of lower highs and lower lows on this USD/CHF daily chart shows a strong downtrend off of the June highs. The USD may have gained on the EUR, but the CHF remains stronger. I would continue to look for selling opportunities as long as the pair remains below the .99701 high noted on the chart.

USDCHF_body_71730d1289308074-trend-day-usdchf-1109.png, USD/CHF Moves Toward All-Time Low

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.