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Trader Journals:::2025-04-24T03:24:22

USD/CHF

USD/CHF

Pair USD/CHF H1. The pair is trading below the day's opening level of 0.8260 and above the daily Pivot level of 0.8146. Key indicators show bullish momentum and the price is above the MA72 trend line, where volume distribution usually occurs. Above the level of 0.8235, the price will move towards the level of 0.8260 and potentially to the level of 0.8285. Below the level of 0.8235, the pair will continue its descent towards the level of 0.8181 and possibly to the level of 0.8168. The pair is trading below the monthly Pivot level of 0.8876, above the weekly Pivot level of 0.8181, and above the daily Pivot level, indicating a strong corrective sentiment for the pair. The branching point for this session is the level of 0.8235. The support level remains at 0.8200.
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