USDCHC in for further decline. for FX:USDCHF by Welburg_Trading

In the last 30 days the USD traded stronger than the CHF, although, during the last 7 days the CHF managed to turn the boards against the USD and closed the week of in a positive % figure where the dollar closed in the negative. Further decline can be expected towards the .91546 level (61.8 Fib retracement), should the pair manage to reach that level, a turn to the bullish side can be expected with levels .91826 (61.8 Fib expansion) and .92029 (100 Fib expansion) as possible TP levels. Good Luck and happy trading


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