ANALYSIS
NQ100 Finds Support from PPIApr 14
USDCHF Headed to Bottom Test Again
While the parity, which is in the downward channel, maintains its downward willingness, it wants to accelerate its declines towards the bottom region of the near-term. If this region, which points to the 0.9725 level, cannot end the current pressure, it may cause further losses to 0.9186 and then 0.9097. On the other hand, 0.9306 resistance may become a target in the recovery that may come after the test of 0.9725 support, which indicates the lower band of the horizontal channel.
