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USD/CHF Remains Weak

USD/CHF Remains Weak

Thomas Long, Course Instructor

The USD/CHF continues to fall towards the all-time low just below the .9300 level. The series of lower highs and lower lows off of the June highs defines the downtrend which means to look for selling opportunities. I would continue to look for sells as long as the pair remains below the .97834 high noted on the chart.

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