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- USD/CHF remains below MA (200) H1
USD/CHF remains below MA (200) H1
Today, the USD/CHF pair is trading in the range of 0.8820-50 and is testing the MA (200) H1 (0.8825) moving average line on the hourly chart. On the four-hour chart, the pair rose slightly above MA (200) H4 (0.8790). Technically speaking, the resistance of 0.8850 is still keeping USD/CHF from further growth. If this level is broken, the pair may rise to 0.8890. The lower bound of 0.8770 represents a strong support level. The most likely range of movement of the pair for today may be hidden within the range of 0.8730-0.8850.
⦁ Resistance levels are: 0.8850, 0.8890, 0.8910
⦁ Support levels are: отметках: 0.8735, 0.8700, 0.8615
The main scenario for the pair's promotion assumes a breakout of the support 0.8735 (Dec 6 low) and may be a decrease to 0.8700 (Nov 8 low)
An alternative scenario implies a breakout of MA (200) H1 (0.8825), an increase to 8850 (Dec 5 high) and then, maybe, to 0.8890 (Dec 2-3 high)
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