Short term view - USD-CHF : Weak reaction on support
The trend is still bearish, the invalidation level is above CHF 0.9770. The target is at CHF 0.9437.Arguments :
- The major resistance has been reached, it causes the fall.
- The moving average is capping prices.
- The reaction on the support is weak, we anticipate its break...
DayByDay is an independent research company providing global macro and single stock analysis, recommendation and allocation based purely on behavioural finance methods. Those include long term cycle analysis, sentiment analysis, and technical trigger. DayByDay serves all clients in need of practical and precise publications to make effective market decisions, on any time horizon, from a few hours to a few years.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.