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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 0.8855-80 and is testing the MA (200) H1 (0.8855) moving average line on the hourly chart. On the four-hour chart, the pair remains above MA (200) H4 (0.8770). Technically speaking, the resistance of 0.8890 has so far kept USD/CHF from further growth. If this level is broken, the pair may rise to 0.8920. The lower limit of 0.87090 represents a strong support level. The most likely range of movement of the pair for today may be hidden within the existing range of 0.8830-0.8890.
⦁ Resistance levels are: 0.8860, 0.8920, 0.8960
⦁ Support levels are: отметках: 0.8830, 0.8790, 0.8700
The main scenario for the pair's promotion assumes a breakout of the resistance of 0.8890 (Dec 2-3 high), an increase to 8920 (Nov 25 high) and then, maybe, to 8960 (Nov 22 high)
The alternative scenario implies a decrease to 0.8830 (Dec 3 low) and then, maybe, to 0.8790 (Dec 2 low)
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