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- USD/CHF is testing MA (200) H1
USD/CHF is testing MA (200) H1
Today, the USD/CHF pair is trading in the range of 0.9105-40, remaining near a 6-month high. On the hourly chart, the pair tests the moving average line MA (200) H1 (0.9120) and on the four-hour chart remains above MA (200) H4 (0.9040). Technically speaking, the resistance level of 0.9155 may keep prices from rising further. If this level is passed, the pair may rise to 0.9185. The lower bound of 0.9000 represents a strong support level.
⦁ Resistance levels are: 0.9155, 0.9185, 0.9250
⦁ Support levels are: отметках: 0.9085, 0.9000-10, 0.8965
The main scenario of the pair's advance implies a breakout of the resistance of 0.9155 (April 25 high) and there may be an increase to 0.9185 (Oct 5 high)
An alternative scenario assumes a breakout of 0.9085 support (April 23 low), there may be a decrease to 0.9000-10 (April 5, 9 and 19 lows)
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