The overall bias for USD/CHF has turned decidedly bearish in the short to medium term following a significant rejection at the 0.80000 psychological handle. The pair is currently testing a critical support level at 0.78285, which is described as the “line in the sand” for bulls. Lower timeframes show extreme oversold readings on the RSI, […]

The post Critical Crossroads: USD/CHF Tests Key Support at 0.78285. Is a Bounce to 0.7900 Up Next? appeared first on ActionForex.