Technical analysis of USD/CHF for November 03, 2017

USD/CHF is expected to trade with a bearish outlook. Despite the pair posting a rebound from 0.9945 (the low of November 2), the upward potential is likely to be limited by the resistance at 1.0005. The declining 50-period moving average is playing a resistance role. On the political ground, U.S. President Donald Trump officially nominated […]