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Trader Journals:::2026-02-28T08:18:53

USD/CHF

Hello traders, The analysis of the USD/CHF pair for the week of March 2-6, 2026, indicates a period of high volatility due to the release of key US labor market data. The pair is trading in a narrow range near multi-year lows (around the closing levels of 2011), and an exit from this consolidation is expected next week. The intraday trend remains neutral as long as the price stays above the level of 0.7603. Resistance: The nearest levels are 0.7769/71. The key obstacle for growth is the 55-day moving average in the range of 0.7824–0.7849. A close above it could target the pair towards 0.8039. Support: The main level is 0.7669. A downside breakthrough will open the way for a retest of 0.7603 and further down to the target of 0.7382. Outcome: A test of the range boundaries 0.7670 – 0.7850 is likely next week. A breakout of any of these levels will determine the trend direction for the entire month of March.

USD/CHF

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