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May 26, 2025

Trade ideas

USDCHF: Trend remains bearish

USDCHF, Daily

USDCHFDaily260525.png

The price is in a downtrend. The asset has formed a bearish flag pattern on the graph. You can also see the candlestick pattern “bearish takeover. The indicator Parabolic SAR also speaks about the probability of decline.

  • If the price breaks the support level of 0.8194, the decline will continue to 0.8083.

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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