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FX.co ★ Technical analysis and trading recommendations for the USD / CHF currency pair as of November 22, 2017

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Forex Analysis:::2017-11-22T09:21:42

Technical analysis and trading recommendations for the USD / CHF currency pair as of November 22, 2017

The USD/CHF currency pair tested the resistance level at 0.9940 which led to a decline. Currently, the quotation wobbles around 0.9900 and continues to hold a bearish interest. It is possible to assume that the downward movement will continue towards the subsequent level of 0.9850, where it is possible to form a deceleration followed by a pullback.

Key Levels

Resistance is 0.9940; 1,0035 *; 1.0100; 1.0190.

Support - 0.9850; 0.9700.

Periodic level *

Technical analysis and trading recommendations for the USD / CHF currency pair as of November 22, 2017

Draw your attention: Predictions are not a direct guide to action!

Analyst InstaForex
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