USD / CHF Technical Analysis - Uniglobe Markets

USD / CHF Technical Analysis

Posted on February 7, 2019 at 07:11 AM

The pair rose against the franc to reach 1.0020. Its stability above this level is important and may ensure further rise and positive trading in the coming days. The pair’s bullish trend will continue to reach 1.0100 as a key target. But when breaching 0.9980 and stability below it will fail any attempts to raise the price.

Support: 0.9975

Resistance: 1.0060

Trend: Up above 1.0020 with 1.0100 targeting as long as 0.9980 does not break

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