USDCHF Facing Bearish pressure | 31 Aug 2021

USDCHF Facing Bearish pressure | 31 Aug 2021 for SAXO:USDCHF by FXCM

USDCHF Facing Bearish pressure | 31 Aug 2021

US Dollar/Swiss Franc SAXO:USDCHF



USDCHF is holding below descending trendline resistance. A short term intraday drop below our entry at 0.91751 towards graphical swing low and take profit level at 0.91001 could be possible. Stochastics is reacting below resistance where price pulled lower in the past.

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