Austinet24

Bullish pressureon USDCHF

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
USD/CHF Intraday Bullish

Pivot point: 0.9127

The USDCHF was trending bullish breaking through the first resistance level of 0.9129 during the European trading session. For a bullish trend to persist, the first resistance level of 0.9169 needs to be broken, which could allow the pair to push higher to 0.9205. If bearish momentum Is gathered and pulls the pair down to 0.9169 then it may plummet to 0.9205.
Resistance level 1: 0.9169 Resistance level 2: 0.9205 Resistance level 3: 0.9247

Support level 1: 0.9092 Support level 2: 0.9049 Support level 3: 0.9014

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