USD/CHF Weekly Analysis
The market continues to see USD/CHF as overpriced above the 0.9200 zone.
For the first time this year, we see price printing a weekly close below 0.9052 which was support over the latter part of January 2025.
More importantly, we have just seen a weekly close below the 'big number' 0.9000 and may see further downside.
In addition, the stochastic has now dropped out of the weekly 'overbought' area.
Look for pullbacks and sell setups on your time frame of choice if you agree with analysis.
For the first time this year, we see price printing a weekly close below 0.9052 which was support over the latter part of January 2025.
More importantly, we have just seen a weekly close below the 'big number' 0.9000 and may see further downside.
In addition, the stochastic has now dropped out of the weekly 'overbought' area.
Look for pullbacks and sell setups on your time frame of choice if you agree with analysis.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Low-Cost Trading, for everyone, everywhere.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.