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May 19, 2025

Trade ideas

USDCHF Decline Continues!

USDCHF, H4

USDCHFH4190525.png

On the H4 chart, the highs and lows consistently decline, indicating sellers' dominance and buyers' lack of momentum. And MACD confirms the bearish scenario, indicating the likely continuation of the downward movement.

  • If the price breaks the support at 0.8319, the following targets will be 0.8268 and 0.8197.

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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FBS Analyst Team

Author: FBS Analyst Team

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