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Talking Points
Prices declined as expected after showing a bearish Dark Cloud Cover candle pattern
Sellers are testing support at 0.8993 (76.4% Fib); a break lower exposes 0.8850 (100% Fib)
Near-term resistance is at 0.9081 (61.8% Fib); above that targets 0.9152 (50% Fib)
Confirm your chart-based trade setups with the Technical Analyzer.
Daily Chart – Created Using FXCM Marketscope 2.0
— Written by Ilya Spivak, Currency Strategist for DailyFX.com
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Forex: USD/CHF Technical Analysis ? 0.90 Under Pressure Again
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