As discussed in the previous review, the USD/CHF currency pair continued to move upwards after a small stop near the value of 0.9650, where a pullback was seen. As of this writing, the quotation is slowly but surely fixed above the local highs of 0.9650 which was currently found at 0.9684. It is possible to assume that the upward mood will continue and gradually reach the main resistance level of 0.9770, where it would be worthwhile to expect a correction in the market.
Key Levels
Resistance is 0.9770; 0.9850 *; 0.9960.
Support - 0.9650 *; 0.9540 *; 0.9400; 0.9180.
Periodic level *
Attention: Predictions are not a direct action to action!
* The presented market analysis is informative and does not constitute a guide to the transaction.
