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- USD/CHF fell to a five-week low
USD/CHF fell to a five-week low
Today, the USD/CHF pair continues to decline and fell from Chf0. 9100 to a five-week low of Chf0.9075. On the hourly chart, the pair fell below the moving average line MA (200) H1 (Chf0. 9175) and on the four - hour chart-below MA (200) H4 (Chf0.9170). Technically speaking, the support level of Chf0. 9075 can keep prices from further decline. The upper limit of Chf0. 9115 represents the resistance level.
⦁ Resistance levels are: Chf0.9115, Chf0.9170-85, Chf0.9220-30
⦁ Support levels are: Chf0.9075, Chf0.9010, Chf0.8965
The main scenario for the pair's promotion - if the session low of Chf0. 9075 (June 17 low) is broken, the pair may fall to Chf0. 9010 (June 15 high)
An alternative scenario - correction and there may be an increase to Chf0. 9115 (July 15 low)
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