USD/CHF Could Bounce Lower

USD/CHF Could Bounce Lower

USD/CHF is currently bearish at the time of this post. We are currently at 0.9202 and in a channel.

We are looking for an initial move to the ATR target at the 0.9125 area with a further target of the S4 at 0.9109.

Watch the DXY for any change in direction. The ATR for the pair currently is 60 pips per day and its 180-day average is 63 pips per day.



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