USDCHF View!!
The USD/CHF is trending higher today after hitting its lowest level of 2024 on Friday, followed by a strong rebound. The price action has seen the pair move above the 100-hour moving average at 0.8464 and the 200-hour moving average at 0.8470. Staying above these levels would give buyers some control, at least in the short term.
On the upside, the next target is the 100-bar moving average on the four-hour chart, which comes in at 0.8505. Beyond that, the 38.2% retracement of the move down from the August high is at 0.8516. Additionally, there is resistance at 0.8536, where a double-top formed during last week's trading on Monday and Tuesday.
On the upside, the next target is the 100-bar moving average on the four-hour chart, which comes in at 0.8505. Beyond that, the 38.2% retracement of the move down from the August high is at 0.8516. Additionally, there is resistance at 0.8536, where a double-top formed during last week's trading on Monday and Tuesday.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.