Investors view Swiss Franc as a darling safe heaven currency which is further enhanced by the problems and weaknesses on both the Dollars and Yen . and we predict that Usd/Chf may breach 0.9200 near term.
Daily Usd/Chf with ab-cd Chart
Daily Usd/Chf with Ichimoku Chart
On the above Chart, we can derive that the strong bearish momentum shall drive this currency pair towards its recent low near 0.9298, (completion of ab-cd pattern), and breaching its all time low below 0.9200 cannot be discarded if the Dollars weakness persists near term.
Daily Usd/Chf with ab-cd Chart
Daily Usd/Chf with Ichimoku Chart
On the above Chart, we can derive that the strong bearish momentum shall drive this currency pair towards its recent low near 0.9298, (completion of ab-cd pattern), and breaching its all time low below 0.9200 cannot be discarded if the Dollars weakness persists near term.
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