Technical analysis of USD/CHF for December 13, 2017
We will retain our yesterday’s outlook of USD/CHF. The pair recorded lower tops and lower bottoms, which confirmed a negative outlook. The downward momentum is further reinforced by both declining 20-period and 50-period moving averages. The relative strength index lacks upward momentum. To sum up, below 0.9925, expect a new drop with targets at 0.9875 […]