Forex: USD/CHF remains under pressure, franc is rising as FED may cut

Technical Comment: The USD / CHF pair remains within the long-term upward trend, but we are currently seeing the price moving in a short-term downward trend. The diagonal break and test at 0.99878 (23.6 Fib) accelerated the downward movement to the current support at 0.98351 and the diagonal. We look where the green arrows of […]