JamesZhang

USD/CHF One position give a direction of next month

FX_IDC:USDCHF   U.S. Dollar / Swiss Franc
33 2 2
From technical analysis:

1/ the low points are continuesly going up.
2/ the high points are continuously going up too.
which shows a UP TREND in day's chart.

3/ One signal has to be confirmed is whether the price could break the resistance of 0.95420 and stand steady above the 60 Moving Average lines( Deep purple )

If the price stand above the 0.95417 then we could look forward to see it reach first target of 0.97252.
thank so much
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JamesZhang ChatchaiVong
glad to help you .
Have a good night.
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