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USDCHF Eyeing Further Upside Pressure Despite Price Hesitation

Long
U.S. Dollar / Swiss Franc (FX:USDCHF)  
FXTechstrategy  
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Harmonic Patterns Chart Patterns Forex forexsignals forextrading forexanalysis
3
0
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USDCHF eyes further upside pressure despite price consolidation on Friday. Resistance comes in at the 1.0000 level. A break of here will clear the way for more gain towards the 1.0050 level. Above here, resistance lies at the 1.0100 level and then the 1.0150 level. Its daily RSI is bullish and pointing higher suggesting more strength. On the downside, support is seen at the 0.9900 level. A turn below there will set the stage for more decline towards the 0.9850 level. And then the 0.9800 level. All in all, USDCHF faces further upside pressure on price recovery

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