What happened? It looks like the decline in EUR/CHF to 1…
USD/CHF: 'V-Top' points to correction
2019-11-11 • Updated
The last 'Head & Shoulders' pattern led to the current upward price movement. However, there's a 'V-Top' pattern, which has been confirmed, so the pair is likely going to test the nearest important support at 1.0059 - 1.0044. In case of a pullback from this area, there'll be an opportunity to have another advance towards the high of the last 'V-Top'.
The US Dollar has been losing value against the Swiss franc for more than a month now. Let's examine where it might be going.
Weaker dollar - cheaper dollar. What else may be a conclusion to be drawn from the USD's weakening?
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