USD/CHF Bearishness Targets Further Weakness

USD/CHF saw a price weakness during early trading on Monday opening the door for more correction. On the downside, support lies at the 0.9900 level. A turn below here will open the door for more weakness towards the 0.9850 level and then the 0.9800 level. On the upside, resistance resides at the 0.9950 level where a break will clear the way for more strength to occur towards the 1.0000 level. Further out, resistance comes in at the 1.0050 level. Above here if seen will turn attention to 1.0100. All in all, USD/CHF faces further downside pressure

Daily USD/CHF

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