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- The USD / CHF pair regained all the positions lost yesterday
The USD / CHF pair regained all the positions lost yesterday
Today, the USD/CHF pair rose from Chf0. 9230 to Chf0.9310, regaining all the positions lost yesterday. On the hourly chart, the pair again rose above the moving average line MA (200) H1 (Chf0. 9270) and on the four-hour chart, the pair remains significantly above MA (200) H4 (Chf0.9115). In this situation, it is probably worth sticking to the north direction in trading and should look for an exit point to buy.
⦁ Resistance levels are: Chf0.9310-25, Chf0.9375, Chf0.9410
⦁ Support levels are: Chf0.9270, Chf0.9210-20, Chf0.9185
The main scenario for the pair's promotion - the breakout of the resistance is Chf0. 9310-25 (March 10-15 and 19-22 highs) and there may be an increase in the pair to Chf0.9375 (March 9 high)
An alternative scenario - correction and may be a decline to Chf0. 9210-30 (March 12 and 17-22 lows)
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