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Forex: USD/CHF Technical Analysis – Trying to Expose 0.89

Forex: USD/CHF Technical Analysis – Trying to Expose 0.89

Ilya Spivak, Head Strategist, APAC

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Talking Points

  • Prices are testing support at 0.8930 (50% Fib exp.)
  • Pushing lower initially targets 0.8877 (61.8% Fib exp.)
  • Back above 0.8983 (38.2% Fib exp.) eyes 0.9049 (23.6% Fib exp.)

Confirm your chart-based trade setups with the Technical Analyzer.

dailyclassics_usd-chf_body_Picture_10.png, Forex: USD/CHF Technical Analysis – Trying to Expose 0.89

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for DailyFX.com

Contact and follow Ilya on Twitter: @IlyaSpivak

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