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USDCHF: Continues To Trade Above Major Support at 1.0000

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 11, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    USDCHF continues trade above its major support the 1.0000 level, further strength is envisaged. This view remains above the mentioned support despite its price hesitation. On the upside, resistance resides at the 1.0100 level where a break will clear the way for more strength to occur towards the 1.0150 level. Further out, resistance comes in at the 1.0200 level. Its daily RSI is bullish and pointing higher supporting this view. On the downside, support lies at the 0.9950 level. A turn below

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