USDCHF potential for further downside | 27th Oct

USDCHF potential for further downside | 27th Oct for FX:USDCHF by FXCM

USDCHF potential for further downside | 27th Oct



Price is near the sell entry price of 0.91896 which is also 38.2% Fibonacci retracement and 61.8% Fibonacci projection . Price can further dip to the take profit price of 0.91505 which is also 78.6% Fibonacci projection . Our bearish bias is supported by the ichimoku cloud indicator as price is trading under it.

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