We prefer to go long in USD/CHF

FX:USDCHF   U.S. Dollar / Swiss Franc
USD/CHF has made a high of 0.98832 and is slightly retreating from this level. Overall trend is bullish as long as minor support 0.9750 holds.

On the upside break of 0.98832 will take the pair to 0.9915/0.9972 (161.8% retracement of 0.9816 to 0.95521).

The pair’s minor support is around 0.9805 (23.6% retracement of 0.9552 and 0.98832) and any break below will target 0.9775/0.9750.

Indicator (1 Hour chart)
CCI (50) – Buy
CCI (14) – Sell
Ichimoku- Buy

Recommendation: Buy USD/CHF around 0.9800, SL 0.9750, Target 0.9972.


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out