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USD/CHF – Crash Territory Below

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-“Given this long term chart, USD/CHF is in trouble on a break below .9440. The last daily update noted that “the key reversal on 7/27 and subsequent follow through suggests that USD/CHF is vulnerable.” Near term, pay attention to .9540/50 (now!). Weakness below here would signal the break of a 5 year trendline.

For more analysis and trade setups (exact entry and exit), visit SB Trade Desk


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