{"id":50371,"date":"2014-05-01T08:48:32","date_gmt":"2014-05-01T12:48:32","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=50371"},"modified":"2014-05-01T08:48:32","modified_gmt":"2014-05-01T12:48:32","slug":"usdchf-turns-lower-eyes-further-downside","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2014\/05\/01\/usdchf-turns-lower-eyes-further-downside\/","title":{"rendered":"USDCHF: Turns Lower, Eyes Further Downside"},"content":{"rendered":"<p>USDCHF: With USDCHF turning lower on the back of a loss of upside momentum, further downside is likely. It now eyes a return to the 0.8769 level where a break will turn focus to the 0.8750 level. A cut through here will set the stage for a run at the 0.8700 level and subsequently the 0.8650 level. Its daily RSI is bearish and pointing lower supporting this view. Conversely, resistance resides at the 0.8850 level where a violation will aim at the 0.8900 level. Further out, resistance resides at the 0.8952 level. This level if broken will aim at the 0.8900 level with a close above here aiming at the 0.9000 level. All in all, the pair remains biased to the downside in the medium term.<\/p>\n<p>Article by <a href=\"http:\/\/www.fxtechstrategy.com\" target=\"_blank\">www.fxtechstrategy.com<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>USDCHF: With USDCHF turning lower on the back of a loss of upside momentum, further downside is likely. It now eyes a return to the 0.8769 level where a break will turn focus to the 0.8750 level. A cut through here will set the stage for a run at the 0.8700 level and subsequently the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2014\/05\/01\/usdchf-turns-lower-eyes-further-downside\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;USDCHF: Turns Lower, Eyes Further Downside&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-50371","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/50371","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=50371"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/50371\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=50371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=50371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=50371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}