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FX.co ★ Technical Analysis of Intraday Price Movement of USD/CHF Main Currency Pairs, Wednesday September 25, 2024.

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Forex Analysis:::2024-09-25T05:38:19

Technical Analysis of Intraday Price Movement of USD/CHF Main Currency Pairs, Wednesday September 25, 2024.

Technical Analysis of Intraday Price Movement of USD/CHF Main Currency Pairs, Wednesday September 25, 2024.

On the daily chart, the main currency pair USD/CHF appears to have a Descending Broadening Wedge pattern, coupled with confirmation of the appearamce of a deviation between the price movement of USD/CHF and the Awesome Oscillator indicator, confirming that in the next few days it has the potential to strengthen upwards, provided that there is no further weakening that breaks below 0.8378, where currently USD/CHF has the potential to rise to test the level of 0.8548 and if this level is successfully broken above, the level of 0.8747 will be the next target to be targeted, especially if the momentum and volatility support it.

(Disclaimer)

Analyst InstaForex
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