USDCHF Poised to fall
Dec 21, 2022
Note: Consumer Confidence this AM
Bearish: We are currently @ 0.9240 in a channel and large descending wedge (bearish). IF we can break support here, we are looking to continue to the ATR target @ 0.9174. Lots of confluence on this pair. Watch the USDX for direction. The average daily true range (ATR) for the pair is 87 pips. USDX is currently threatening down.