The weekly chart of the USDCHF has shown consistent bullish rejections. The recent bearish outside bar, complimenting the previous one just 3weeks back, could send prices lower vigorously.
We have seen great strength on the chf in recent times with traders showing great confidence in the swiss economy. The break of support at 0.9383 seems to confirm this. Expectation are for lower prices in the coming days.
My recommendation: Sell pair on pullbacks into resistance on the intraday time frames.
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