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USD/CHF stays in consolidation below 0.8139, bias neutral

Action Forex said a push above 0.8139 could extend the prior rebound toward 0.8041, while a sustained break below 0.8009 points to a deeper move toward 0.7909.

Reported · Written up by our desk · Major Pairs

Action Forex said USD/CHF remains in consolidation below 0.8139, with the intraday outlook staying neutral as long as 0.8009 support holds.

The outlet added that a break above 0.8139 would extend the rally tied to the 0.7760 to 0.8198 area, while a sustained fall through 0.8009 would shift the view toward deeper downside toward 0.7909.

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