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Dollar A.S. / Franc Swiss
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USDCHF has risen strongly, now testing major resistance!

Oleh Tickmill
Broker
USDCHF has risen strongly and is fast approaching major resistance at 0.9466 (Fibonacci extension, horizontal swing high resistance) and a strong reaction could occur at this level to drive price all the way down to 0.9405 support (Fibonacci retracement, horizontal pullback support) before 0.9324 support (Fibonacci retracement, horizontal swing low support).

Stochastic (34,5,3) is seeing major resistance at 96% where a corresponding reaction could occur.

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Chart PatternschfHarmonic PatternsTrend AnalysisUSDUSDCHFusdchfanalysisusdchfideausdchflongusdchfpredictionusdchfshortusdchftrade
Tickmill
Broker
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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