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- Long Term
The pair USDCHF is in downtrend on all major timeframes. In the long term we can see a huge descending trend since july 2001.
- Medium Term
After a medium term top at 0,98 level, we have a downtrend since we broke down the 0,95 level.
- Short term
Also in a downtrend, now testing the current minimum of the long and the medium term downtrends at 0,89 level. If we dont break down this level we may have a medium term double bottom.
- so,
at the moment I'm monitoring the pair, trying to see potential ending signs of short term downtrend.
The pair USDCHF is in downtrend on all major timeframes. In the long term we can see a huge descending trend since july 2001.
- Medium Term
After a medium term top at 0,98 level, we have a downtrend since we broke down the 0,95 level.
- Short term
Also in a downtrend, now testing the current minimum of the long and the medium term downtrends at 0,89 level. If we dont break down this level we may have a medium term double bottom.
- so,
at the moment I'm monitoring the pair, trying to see potential ending signs of short term downtrend.
