USD/CHF: breakout of the key support levels. Technical analysis for 02/08/2016

Forex analytics: Review and dynamics Weakening in the USD over the past few days caused rapid decline in the pair USD/CHF over the past five trading sessions. The pair has broken important support levels of 0.9910 (Fibonacci 50% to the wave of decline since December 2015 and the level of 1.0300), 0.9820 (Fibonacci 38.2%), 0.9770 (ЕМА200, ЕМА144, ЕМА50 on the daily chart) and 0.9705 (Fibonacci 23.6%). At ...