USDCHF stays below ceiling area. A move above 0.9156 is needed to increase bullish bias

  • The swing area between 0.91469 and 0.9156 continues to stall rallies in the USDCHF effects they go.

The USDCHF is higher on the day, but continued to find resistance to sellers against a swing area ceiling between 0.91469 and 0.9156. If the buyers are to take more control, they need to get and stay above that level. Absent that, the 100-day moving average of 0.91278. The 200 hour movie are to 0.9118 and the 100-day moving average on the four hour chart at 0.9108 or downside targets that if broken would increase the bearish bias.

USDCHF

Top Brokers

Sponsored

General Risk Warning