Forex: USD/CHF Technical Analysis – Break Lower Exposes 0.9224
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- Prices declined as expected after showing a bearish Dark Cloud Cover candle pattern
- A break of support at 0.9312 (23.6% Fib) now exposes 0.9224 (38.2% Fib)
- Reversing back 0.9312 opens the door for a test of 0.9455, the September 6 swing high
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Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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