USD/CHF Gives Another Shorting Opportunity
Scott Barkley | Jul 25, 2022 07:53AM ET
USD/CHF currently at 0.9638 in a channel in a range. We have convergence to the downside. We are looking for a continuation to the ATR target at the 0.9540 area and then the S5/range bottom at the 0.9500 area.
Watch the DXY for any change in direction. The ATR for the pair currently is 85 pips per day and its 180 day average is 83 pips per day. DXY is currently threatening down at the time of this post.
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