posted by
FXTimes
357 days ago
in USD, NZD, Technical
made popular 357 days ago
The 4H USD/CHF chart shows a bearish breakout from June’s rising trendline, and a sharp one at that. However, the market has since consolidated. In our previous update, we noted a bearish swing projection toward 0.7750. Since then, the market has stalled the decline and consolidated after finding support in the 0.7845-07850 area...