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14.10.202109:37 विदेशी मुद्रा विश्लेषण और समीक्षा: USDCHF gives signs of weakness.

USDCHF so far has respected the key support trend line coming from 0.9015 to 0.9240. Yesterday price broke below the trend line and has provided us with a bearish signal after some time. Price is expected to continue lower at least for the near term.

Exchange Rates 14.10.2021 analysis

Green line - horizontal support

Red line - support trend line

USDCHF has broken below the key support area of 0.9250 where we find both the upward sloping red trend line and the horizontal support. Price is now expected to continue lower with 0.92 as first target, because there we find the closest short-term support. Next downside target is at 0.9150. Below 0.9150 we see 0.9050. Resistance is at 0.9310-0.9315 area and bulls need to recapture this level in order to regain control of the trend.

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

Alexandros Yfantis,
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