Last Updated Date: 6 June 2022 @ 11:22 AM (UTC)
*Please note that all the dates are in GMT time zone
The USDCHF market suggests a turnover, signaling for bear trending selloffs to reach under the 0.9529 swing low. A close under last Friday’s 0.9544 low will help motivate selloffs. Any corrective recovery action should stay trapped in last week’s range to maintain bear trend signals. A climb over 0.9615 is near term friendly. However, a close over 0.9658 is needed to start a turnaround.