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- USD/CHF rose to a 2-week high
USD/CHF rose to a 2-week high
Today, the USD/CHF pair is mainly growing from 0.8815 to 0.8895, reaching a 2-week high. On the hourly chart, the pair is testing the moving average line MA (200) H1 (0.8825) and on the four-hour chart it rose slightly above MA (200) H4 (0.8795). Technically speaking, the resistance of 0.8895 is still keeping USD/CHF from further growth. If this level is broken, the pair may rise to 0.8920. The lower bound of 0.8770 represents a strong support level. The most likely range of movement of the pair for today may be hidden within the range of 0.8810-95.
⦁ Resistance levels are: 0.8895, 0.8920, 0.8960
⦁ Support levels are: отметках: 0.8810, 0.8770, 0.8730
The main scenario for the pair's promotion assumes a breakout of the resistance of 0.8895 (Nov 26 high, session maximum) and there may be an increase to 0.8920 (Nov 25 high)
An alternative scenario implies a decrease to 0.8810 (Dec 11 low) and then, maybe, to 0.8770 (Dec 10 low)
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