USD/CHF 0.9754 is Interim Resistance

Nenad Kerkez

Mon, Jan 13, 2020, 4:15 AM

In this article:

The pair is in a bearish trend. Rejections from the W H3 0.9754 should move the USD/CHF towards 0.9700. A move below and the target will be 0.9674. 0.9754-0.9770 is a strong resistance area. Only if the price moves above M H3 – 0.9770 we should see a potential for uptrend continuation and potential trend change. Below W H3 zone, the price is bearish.

The Analysis has been done with the CAMMACD.Core and Sit Systems

This article was originally posted on FX Empire

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