USDCHF: Bearish Movement Continues 🇺🇸🇨🇭

By VasilyTrader
Updated
https://www.tradingview.com/x/HonRwaGw/

As I predicted, USDCHF dropped last week.

Analysing an intraday price action, we may spot one more strong bearish confirmation.
After a consolidation within a horizontal range on a 4H, the price violated its support
and closed below that.

Sellers demonstrate the strength again, so we may anticipate a movement lower
at least to 0.878

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Comment
The market is closer and closer to the target!
Candlestick AnalysisdollarParallel ChannelpriceactionpriceactionanalysispriceactiontradingRectangleUSDUSDCHFDJ FXCM Index
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