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- USD/CHF rose to a 2-week high
USD/CHF rose to a 2-week high
Today, the USD/CHF pair is mainly growing from 0.9110 to 0.9155, reaching a new 2-week high. On the hourly chart, the pair rose above the moving average line MA (200) H1 (0.9075) and on the four-hour chart slightly above MA (200) H4 (0.9095). Technically speaking, the resistance level of 0.9175 keeps the pair from further growth for now. If this level is broken, then USD/CHF may rise to 0.9225. The lower bound of 0.8990 represents a strong support level.
⦁ Resistance levels are: 0.9175, 0.9225, 0.9245
⦁ Support levels are: отметках: 0.9075-80, 0.8990, 0.8965
USD/CHF rose to a 2-week high
The main promotion scenario assumes a breakout of the resistance of 0.9175 (May 2 high) and there may be an increase to 0.9225 (May 1 high)
An alternative scenario implies a decrease to 0.9075-80 (May 20 low, MA (200) H1) and then, maybe, to 0.8990 (May 16 low)
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