Technical Analysis
22.05.2020, 11:39

USD/CHF is testing the MA (200)

Today, the USD/CHF pair is trading mainly with an increase in the range of Chf0. 9795-0.9730, continuing yesterday's growth and returning the positions lost on Wednesday. Yesterday, the pair rose to Chf0. 9710 after falling to Chf0.9640 on Wednesday. On the hourly chart, USD/CHF tests the strength of the MA (200) H1 moving average line (Chf0.9705). On the four-hour chart, the situation is similar.



Resistance levels are at: Chf0.9730, Chf0.9755-60, Chf0.9785

Support levels are at: Chf0.9695, Chf0.9665, Chf0.9640

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