USDCHF: ⬇️ Sell
- USDCHF reversed from resistance area
- Likely to fall to support level 0.8000
USDCHF currency pair recently reversed from the resistance area between the resistance level 0.810 (former strong support from April and June, which has been reversing the price from August) and the upper daily Bollinger Band.
This resistance area was further strengthened by the 50% Fibonacci correction of the downward impulse from May.
Given the clear daily downtrend, USDCHF currency pair can be expected to fall to the next round support level 0.8000.
 and the upper daily Bollinger Band.){kind=link}