USD/CHF: Breakout

 | Mar 16, 2020 08:45AM ET

USD/CHF Bearish: Currently we are at 0.9422. We are looking for a move to the 0.500 Fibo/ATR Target at 0.9378 and then later a continuation to the 0.786 Fibonacci support at 0.9267 area. The average daily true range (ATR) for the pair currently is 110 pips. WATCH THE USDX for more clues.