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Ikon Forex"Fluctuated Rhythm of USD/CHF"

Ikon Group

Ikon Forex"

From the daily chart, we can figure out that USD/CHF appeared the rhythm of taking place in turn by the major lines. And in the hours chart, the short-term forex price kept its moving rhythm of going down with strong power.

The forex price continued to drop to hit the new record low and the current short-term trend kept in the declining moving rhythm all the time.
Today, the trend of USD/CHF is still bearish. In the uptrend continuity aspect, CHF is better than EUR.

Forex trend analysis based on forex analyst from bit.ly/a8ddWQ– You Zhou

Edited by Sarah
forex analysis from Ikon Group -- www.ikonfx.com/contest