Today, the USD/CHF pair is mostly rising in the range of 0.8690-0.8730 - near the 2-week high of 0.8740 reached yesterday. On the hourly chart, the pair rose above the MA (200) Н1 (0.8645) moving average line. On the four-hour chart, the pair moved above the MA (200) H4 (0.8580). Technically speaking, the resistance level at 0.8740 may keep prices from rising further. If this level is passed, the pair could rise to 0.8785. The lower boundary of 0.8645 represents a strong support level.
⦁ Resistance levels are: 0.8740, 0.8785, 0.8820
⦁ Support levels are: отметках: 0.8690, 0.8645, 0.8550
The main scenario of the pair's advance implies a break of the resistance at 0.8740 (Feb 6 high) and there may be a rise to 0.8785 (Dec 14 high)
The alternative scenario implies a break of the session low 0.8690 and MA (200) H1 (0.8645) and may be a decline to 0.8550 (Feb 2 low)
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.