USD/CHF daily chartUSD/CHF is attempting to form a base near multi-month lows while trading below the main daily simple moving averages. |
USD/CHF daily chart(see more posts on USD/CHF, ) - Click to enlarge |
USD/CHF four-hour chartThe market is nearing the January highs while trading above the main SMAs. Bulls want a break above the 0.9770 resistance on a daily closing basis in order to send the market up towards the 0.9800 figure and 0.9828 price level. Support is seen near the 0.9727, 0.9710 and 0.9676 levels, according to the Technical Confluences Indicator. Resistance: 0.9770, 0.9800, 0.9828 Support: 0.9727, 0.9710, 0.9676 |
USD/CHF four-hour chart(see more posts on USD/CHF, ) - Click to enlarge |
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Flavio has been engaged in the financial market since 2011 with experience in stocks, currencies, commodities and cryptocurrencies among others. In 2015 he completed a postgraduate diploma in Financial Trading Analysis from the University of Essex in collaboration with FXStreet.
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