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USDCHF Sliding Fear

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Sellers are in control of the USDCHF market on the long-term outlook. The currency found support at the demand level of $0.93 last week. The bears lose their momentum and were unable to break down the mentioned level. USDCHF carries out a price retracement towards the supply level of $0.94.

TREND : WEAK BEARISH

Time                                      :               22/07/2020

Pivot                                     :               0.9346

Technical View                     :               SHORT BELOW 0.9326

Target                                   :               0.9306, 0.9279, 0.9261

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