The USD/CHF currency pair shows an active upward interest, as it reached the range of 0.9850 / 0.9840, where it felt resistance and slowed down the movement. Currently, the "bears" are seen attempting to work out this level by accumulating short positions. It is possible to assume that there will be temporary wobble within 0.9820 / 0.9840 and in case of a fixation below 0.9820, a transition to the correction stage with movement towards the level of 0.9790 is possible.
Key Levels
Resistance - 0.9850 *; 0.9940; 1,0035 *; 1.0100.
Support - 0.9780 **; 0.9700; 0.9550.
Range level *
Periodic level **
Draw your attention: Predictions are not a direct guide to action!
