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USD/CHF retains downside bias after falling through the floor

I'm not going to keep beating the dead horse on this subject but this is one of those pairs which continues to highlight that the dollar may be vulnerable to a further breakdown. The pair fell through the floor of 0.8800 and its 2021 lows last week and is now trading to its lowest levels since January 2015:That is not leaving a lot of technical guidance for now as mentioned last week:"The rout will stop when it stops. It's now a case of being wary not to catch a falling knife, especially since t... Read More

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Content Topics

Usd

Chf

Retains

Downside

Bias

After

Falling

Through

Floor

Usd chf

Forex

Posted: Jul 17 2023, 09:16

Author Name: forexlive

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