USD/CHF closed the week below the 200-day average at 0.9084 after a sharp fall on Friday – which turns the bias of analysts at Credit Suisse to the downside, with next support at 0.8910. Resistance sits at 0.9084/9102 “The broader downtrend is resuming and we turn our bias to the downside, with the next levels at 0.9000/8995, which is stalling the market this morning, then 0.8922/11, before 0.8871/62, which is an important price low.” “With daily MACD accelerating lower and weekly MACD crossing back below MACDA, we would not even rule out a test of the 2021 low at 0.8757″ “Resistance now moves to the 200-day average at 0.9084/9102, which should now ideally cap to keep the risks directly lower. Above here, the next levels are seen at 0.9165.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/ZAR set to slip below the 2011-2021 uptrend line at 13.9388 – Commerzbank FX Street 2 years USD/CHF closed the week below the 200-day average at 0.9084 after a sharp fall on Friday - which turns the bias of analysts at Credit Suisse to the downside, with next support at 0.8910. Resistance sits at 0.9084/9102 "The broader downtrend is resuming and we turn our bias to the downside, with the next levels at 0.9000/8995, which is stalling the market this morning, then 0.8922/11, before 0.8871/62, which is an important price low." "With daily MACD accelerating lower and weekly MACD crossing back below MACDA, we would not even rule out a test of the 2021 low… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
