SXY- Swiss Franc Technical Analysis for WC 28-10-2019
The Swiss Franc failed to capitalise on its breakout on the 17th of October which saw the Index jumped from 100.5 to 101.8. The Index started last week's trading session on a slippery path after the price gap to the downside and continued its downtrend to the end of the trading week ending at 100.5. Major support is at around 100.5 at the bottom of the price channel which could provide some relief and potentially push the Index back up. Support awaits at 100.2 if it fails at 100.5
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