Let’s go Tuesday presents us with USD/CHF & EUR/CHF

Good day traders,

How was the market today?, hope great?

Let’s go straight to our charts and see what Tuesday has for us.

 

 

1. USD/CHF

DOLLAR VS SWISS FRANC

USD/CHF finally broke out of the 0.96304 support.

The bears should take price further down to 0.95671 which is the next support level. If you are taking this trade, a decent stop loss (0.96587) should be used, just in case price decides to be a little stubborn .

 

 

2. EUR/CHF

EURO VS SWISS FRANC

Price on EUR/CHF is currently consolidating around the support level (1.12404).

A breakout from this support level will see price go further down to rest on the next support (1.11845) and a rebound of price on the present support, will see level 1.13192 retested once more.

Do have a great day ahead.

 

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