USDCHF; In Strong Downtrend


USDCHF Long Terms Chart (source www.dailymarkets.com)
The USD/CHF has been in a strong downtrend over the last few years. Because of this, shorting this pair is always the preferred move. With our levels being so clear, it is advised to short this pair on a break below the 0.92 handle, with a target of roughly 0.88, and possibly even beyond. A break above 0.94 could signal another run towards the 0.98 handle, and would be very strong considering all of the pressure put on this pair at the moment. (Source http://www.dailymarkets.com)

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