Today, the USD/CHF pair rose (from Chf0. 9035 to Chf0.980), remaining within the range reached at the end of last week. Despite today's growth, the pair remains below the moving average line of MA (200) H1 (Chf0.9095) and on the four - hour chart-below MA (200) H4 (Chf0.9140). Most likely, finding a sell position may be a wise decision for those who want to take advantage of the stronger Swiss franc. The most likely range of price movement today may be hidden within the range of Chf0. 9030-0.9110.
⦁ Resistance levels are at: Chf0.9090-0.9110, Chf0.9165, Chf0.9195
⦁ Support levels are at: Chf0.9030, Chf0.9000, Chf0.8970
The main scenario for the pair's promotion - correction and decline to Chf0. 9030 (October 21 and 23 low)
An alternative scenario - possible growth of the pair to Chf0. 9090-0. 9110 (October 20 and 23 highs, MA (200) H1)
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