USD / CHF continues to decline to its lowest level since March 2018.

The bearish trend in the USD / CHF pair continues after yesterday’s technical break below 0.9500. The pair is down close to 0.7% today, falling below 0.9400 and reaching low levels last seen in March 2018.

European stocks continue to plunge into the session with losses of nearly 3% across the board. Meanwhile, the dollar is also experiencing problems amid a decline in the Treasury’s yield, pushing the USD / CHF lower by two fronts.

It’s not far from the road to 0.9300 and maybe even 0.9200. It’s not time to grab the falling knife for sure.

Read more:
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance