Forex analytics and overview

USD/CHF: Reversal Opportunity

10/11/2022

Less than a minute

2022.10.11 16:11

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Scott Barkley

Bearish: is currently at 0.9961 and in a range. We have a convergence for the down move. Below the support at 0.9950, look for a move first to the 0.786 Fibo at 0.9906 with the overall ATR target at 0.9870.

Watch the for any change in direction. The ATR for the pair currently is 129 pips per day, and its 180-day average is 106 pips per day. USDX is currently attempting to go down.

USD/CHF price chart.

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10/11/2022

Less than a minute

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