With a good momentum, the price of USDCHF Spot Forex pair is moving down and currency traders may attempt to look for a sell trading chance to join the down trend. Price action is stepping low and we expect market to keep falling down towards 0.9968 price target area.
Multiple bearish legs pattern could be seen in USDCHF price action. Key resistance level is present at 1.0017 price level, based on most recent swing high in 15 minutes time frame of USDCHF. However, a clear bullish break out in price action above 1.0017 vital resistance area will end the down trend. In such type of Forex trading market situation, avoid buying and selling USDCHF and just keep re-analyzing the price movement.



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