© Dukascopy Bank SA
- (based on Bloomberg)
Pair's Outlook
USD/CHF pair started a new week with a decrease just from the uptrend line at 0.9275. If a daily candle closes beneath the open price and settles under the upside line, there is vey possible to see a price depreciation to 0.9190/80 area, where the weekly S2, monthly S1 and the lower line of Bollinger line intersect.
Traders' Sentiment
Distribution in USD/CHF pair remains the same, as the buy side has 72% of opened positions and the sell side 28%. Pending orders segment is more balanced, as 59% placed orders are buy and 51% are sell.
© Dukascopy Bank SA