Technical Analysis
27.01.2022, 13:03

USD/CHF rose to a 2-month high

Today, the USD/CHF pair continues to grow and has risen from Chf0.9230 to a 2-month high of Chf0.9310. The pair broke through the resistance of Chf0.9245, which became the closest support. On the hourly chart, USD/CHF rose above the moving average line of MA (200) H1 (Chf0.9165) and on the four-hour chart - above MA (200) H4 (Chf0.9185). In this situation, the scenario of further growth of the USD/CHF pair is likely. Finding a buy position can be a wise decision for those who want to take advantage of a stronger US dollar.


Resistance levels are: Chf0.9335, Chf0.9360-75, Chf0.9395

Support levels are:  Chf0.9245, Chf0.9165, Chf0.9110


The main scenario for the pair's promotion — there may be a continuation of the upward movement to Chf0.9335 (November 22 high)

An alternative scenario — correction and may be a decrease to Chf0.9245 (January 26 high)

Quotes
Symbol Bid Ask Time
AUDUSD
EURUSD
GBPUSD
NZDUSD
USDCAD
USDCHF
USDJPY
XAGEUR
XAGUSD
XAUUSD

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