Personal analysis:
The price of the US dollar against the Swiss franc has fallen in the long-term ascending channel and short-term correction and has broken the daily support area of 0.90247.
Process:
If the price recovers from the 0.90247 resistance, the downtrend will be on a short-term basis.
Support and resistance:
The nearest resistance area is $0.90247. The nearest support area is $0.89088 and then $0.87203.
Economic calendar:
Federal Reserve Chairman Powell speaks
Prelim UoM Consumer Sentiments
The price of the US dollar against the Swiss franc has fallen in the long-term ascending channel and short-term correction and has broken the daily support area of 0.90247.
Process:
If the price recovers from the 0.90247 resistance, the downtrend will be on a short-term basis.
Support and resistance:
The nearest resistance area is $0.90247. The nearest support area is $0.89088 and then $0.87203.
Economic calendar:
Federal Reserve Chairman Powell speaks
Prelim UoM Consumer Sentiments