Today, the USD/CHF pair is trading in the range of Chf0. 9130-55 and is testing the MA (200) H1 moving average line (Chf0.9150) on the hourly chart. The situation is similar on the four-hour chart. Technically speaking, a strong resistance level of Chf0. 9170 can keep prices from further growth. If it breaks through, prices may soar to Chf0. 9190-0. 9205. The lower bound of Chf0. 9130 represents the support level. The most probable range of the pair's movement for today can be hidden within the range of Chf0. 9130-70
⦁ Resistance levels are: Chf0.9170, Chf0.9190-0.9205, Chf0.9240
⦁ Support levels are: Chf0.9130, Chf0.9100-15, Chf0.9050
The main scenario for the pair's promotion — support breakout is Chf0. 9130 (September 6 low, session minimum) and there may be a decline to Chf0.9100-15 (August 30-31 and September 3 lows)
An alternative scenario — if the resistance of Chf0.9170 (September 2 high) is broken, the pair can rise to Chf0. 9190 (September 1 high)
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