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June 27, 2025

Trade ideas

USDCHF Falling? Yes!

USDCHF, Daily

USDCHFDaily.png

In the Daily timeframe, USDCHF fell below the critical support area in a long-term bearish trend. A BOS occurred, and the price fell below the nearest fractal below the 2015 low. The AO confirms the increasing bearish sentiment.

  • We consider selling USDCHF on a fall below 0.7990 with targets to 0.7870 and further to 0.7770.

Trading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.

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Egor Schmidt

Author: Egor Schmidt

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