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- USD/CHF is testing MA (200) H1
USD/CHF is testing MA (200) H1
Today, since the beginning of trading, the USD/CHF pair has sharply decreased from 0.9130 to 0.9010, but soon grew and during the European session it is trading in the range of 0.9050-95. On the hourly chart, USD/CHF is testing the moving average line MA (200) H1 (0.9105), but on the four-hour chart it is trading above MA (200) H4 (0.8975). Technically speaking, the 0.9025 support level may keep prices from falling. If this level is passed, the pair may fall to 0.9000. The upper limit of 0.9150 represents a strong resistance level.
⦁ Resistance levels are: 0.9130-50, 0.9185, 0.9250
⦁ Support levels are: отметках: 0.9025, 0.9000, 0.8965
The main scenario for the pair's promotion implies an increase to 0.9130-50 (April 10-17 highs) and then, maybe, to 0.9185 (Oct 5 high)
An alternative scenario assumes a breakout of support 0.9025 (April 10 low), there may be a decrease to 0.9000 (April 5 low)
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