By ForexMansion.com

 

The USD/CHF has made a move back to the beginning of our 0.92-0.93 resistance area that was broken last week, which is very common in financial markets. It is because of this that we may see more sellers get involved in this pair. Any signs of weakness between the 0.92 and 0.93 areas should be sold as the trend has been relentless in this pair. The move from the previous consolidation range down to 0.88 hasn’t been completed, and that will be what technical traders are hanging their collective hats on.

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