Karen Jones, analyst at Commerzbank, suggests that USD/CHF is showing signs of failure at the .9976 6 month downtrend and while capped here a negative bias is entrenched and attention reverts back to the .9844/41 September and October lows. Key Quotes “Failure at the next lower .9799 September low would push key support at .9716/.9659 to the fore. It is the location of the January, June, midand late August lows. Below here sits the .9659 August low and the September 2018 low at .9543.” “The market is negative. Above the mid-June high at 1.0014/28 on a closing basis targets the 1.0128 mid November 2018 high and the 1.0240 April high.” 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 Mixed reactions as China’s Alibaba allows Bitcoin cashback to United States online shoppers FX Street 3 years Karen Jones, analyst at Commerzbank, suggests that USD/CHF is showing signs of failure at the .9976 6 month downtrend and while capped here a negative bias is entrenched and attention reverts back to the .9844/41 September and October lows. Key Quotes "Failure at the next lower .9799 September low would push key support at .9716/.9659 to the fore. It is the location of the January, June, midand late August lows. Below here sits the .9659 August low and the September 2018 low at .9543." "The market is negative. Above the mid-June high at 1.0014/28 on a closing basis targets the… 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.
