USD/CHF at Important Level for both Bulls and Bears
USDCHF is moving sideways and currently it is hovering in an important Level. It is difficult to say if this important level has been broken or whether the Bulls have made a comeback. It would be wise to wait as see how the daily candle closes.
If bears can end the day below 0.9590 and tomorrow the price doesn't go above 0.96 anymore, then we can assume that bears have broken this important level.
In that case, 0.94 would be a realistic target for the Bears.
If bears can end the day below 0.9590 and tomorrow the price doesn't go above 0.96 anymore, then we can assume that bears have broken this important level.
In that case, 0.94 would be a realistic target for the Bears.
