USDCHF Faces Bull Pressure Threats, Eyes On 1.0000 Level
Mohammed Isah of FXTechstrategy.com - InsideFutures.com - Fri Oct 19, 5:42AM CDT
USDCHF Faces Bull Pressure Threats, Eyes On 1.0000 Level

USDCHF faces bull pressure threats with eyes on the 1.0000, its big psycho level. On the downside, support lies at the 0.9900 level. A turn below here will open the door for more weakness towards the 0.9850 level and then the 0.9800 level. On the upside, resistance resides at the 1.0000 level where a break will clear the way for more strength to occur towards the 1.0050 level. Further out, resistance comes in at the 1.0100 level. Above here if seen will turn attention to 1.0150. All in all, USDCHF faces further price strength


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