Forex analytics and overview
USD/CHF Poised to fall
2022.12.21 12:15
Bearish: is currently at 0.9240 in a channel and large descending wedge (bearish). If we can break the support here, we are looking to continue to the ATR target at 0.9174. Lots of confluence on this pair.
Watch the for directions. The average daily true range (ATR) for the pair is 87 pips. USDX is currently threatening to go down.