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Trader Journals:::2026-04-13T04:51:46

USD/CHF

USD/CHF, Monday, April 13, 2026

USD/CHF

The major currency pair USD/CHF opened this morning with a bullish GAP, responding to the strengthening of the USD Index. Currently, on the H4 timeframe, the candle is still holding up at the price level of 0.79194, trapped between the dynamic support line of the orange EMA200 below, and the blue EMA21 along with the purple EMA50 crossing above it. Meanwhile, the CCI14 indicator still appears to be swinging strongly upwards, moving away from the neutral area of the zero line. In general, a trading plan to BUY USD/CHF for today would be a profitable choice, by placing a stop loss at the support area of 0.78800 and a take profit target at the nice resistance area of 0.80000.
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