USD/CHF is breaking below the Daily Support Range – Is it a Reversal Confirmation?

USD/CHF Technical Analysis USD/CHF has dropped below the 50-Day Exponential Moving Average line, hovering in the daily support range. Friday’s strong bearish close dragged the prices below the ascending trendline. There are more chances of a further price drop in the coming hours than a reversal. The bearish trend that started last week might continue …

USD/CHF is breaking below the Daily Support Range – Is it a Reversal Confirmation? Read More »