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- USD / CHF tests support for MA (200) H1
USD / CHF tests support for MA (200) H1
Today, the USD/CHF pair is trading mainly with a decline in the range of Chf0. 9250-0.9310 and is testing the MA (200) H1 moving average line (Chf0.9250). On the four-hour chart, the pair remains above MA (200) H4 (Chf0. 9030). In this situation, it is probably worth sticking to the north direction in trading and at the end of the correction, you should look for an exit point to buy.
⦁ Resistance levels are: Chf0.9320, Chf0.9475, Chf0.9410
⦁ Support levels are: Chf0.9190, Chf0.9135, Chf0.9025
The main scenario for the pair's promotion - correction and growth to yesterday's high of Chf0. 9320
An alternative scenario - If the MA (200) H1 (Chf0.9250) line is broken, the pair may fall to Chf0. 9190 (March 2 high)
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