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- Reuters
Pair's Outlook
As USD/CHF pair breached the upside line at 0.9275, the price moves down rather unwillingly. Therefore it is possible to see a retest of a trend-line in order to prepare a downside impulse. In any case, the target zone remains a 0.9191/80 area, where the monthly S1 and the weekly S2 intersect with the lower Bollinger band.
Traders' Sentiment
Distribution of bullish and bearish positions in USD/CHF pair reached a neutral zone, as the buy side controls 47% and the sell side 53% of opened market. Pending orders segment provides slightly more bullish sentiments, as buy positions have 55% and sell positions 45% of market share.
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