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USD / CHF is trading above SMA 50, to get good positive support that will enhance the chances of a continuation of the bullish scenario over the short and medium term, awaiting a visit to 0.9965 as a next stop. Therefore, we will maintain our bullish outlook for the coming period unless the 0.9850 level is broken and stability below it.
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USD/CHF bearish
1;Resistance 0.9885
2;Resistance 0.9897
3;Resistance 0.9915
1; supporting 0.9843
2; supporting 0.9817
3; supporting 0.9809
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USD/CHF...BULLISH
Pivot Point...0.9856
S 1..0.9840
S 2..0.9817
S 3..0.9802
R 1..0.9879
R 2..0.9895
R 3..0.9917
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The USD / CHF pair rebounded upwards after testing the 0.9850 level in the last sessions, so the bullish scenario remains valid and effective so far, with the next key targets at 0.9965 and extending to 1.0055 after breaching the previous level. Recall that the break of 0.9850 will stop the expected rise and press the price to return to the downward correction path again.
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Pivot Point 0.9863
1 Resistance 0.9865
2 Resistance 0.9867
3 Resistance 0.9869
1 Support 0.9861
2 Support 0.9859
3 Support 0.9857
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USDCHF Daily Analysis
Market Trend Bullish
Pivot Point 0.9855
S 1 >>>>> 0.9820
S 2>>>>> 0.9790
S 3>>>>> 0.9765
R 1>>>>> 0.9880
R 2>>>>> 0.9905
R 3>>>>> 0.9935
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Usd > Chf
today current rate Usd > Chf .> 0.9953
resistance level 1> 0.9960
resistance level 2.> 0.9963
resistance level 3 > 0.9967
support level 1 > 0.9949
support level 2 > 0.9945
support level 3 > 0.9941
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Usd/chf
Pivot is . . . . 0.9857 .
Trend is . . . . . bullish
Position is . . . . . buy
It has looking trend up by searching the parabolic sar . .
Resistance . . . 0.9865 . to . . 0.9885 .
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The USD / CHF pair is trading with a significant negative to start testing the pivotal support 0.9850 now, and as long as the price is above this level, our bullish outlook remains intact for the next period, with the next key target at 0.9965, noting that a break of 0.9850 will put the price under downside correction Whose next target is 0.9723.
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It began dollar versus the franc penetrate the pivotal resistance 0.9540 level process and achieved a four-hour closing above it, which provides an initial signals to activate the positive impact of the model double bottom referred to him in the last of our reports, reinforcing expectations of continued upward trend in the coming period, pending test 0.9700 initially.