Technical analysis of USD/CHF for December 18, 2017
USD/CHF is expected to trade with a bearish outlook. The pair retreated from 0.9930 and broke below its 20-period and 50-period moving averages. The relative strength index is below its neutrality level at 50. The U.S. dollar strengthened further, boosted by optimism on Congress, getting closer to passing a tax-cut plan. Hence, below 0.9930, look […]