USD/CHF Price Forecast: Consolidates within a bearish triangle, threatens breakdown
USD/CHF extends its losses for the fourth consecutive trading day, down 0.14%, yet it remains confined to the 0.7718-0.7757 range for the last three days. At the time of writing, exchanges hands at 0.7729, above the 20-day Simple Moving Average (SMA) at 0.7726.
USD/CHF extends its losses for the fourth consecutive trading day, down 0.14%, yet it remains confined to the 0.7718-0.7757 range for the last three days. At the time of writing, exchanges hands at 0.7729, above the 20-day Simple Moving Average (SMA) at 0.7726.
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