USDCHF Breaking Resistance

FX:USDCHF   U.S. Dollar / Swiss Franc
USDCHF Breaking Resistance

USDCHF recently broke its resistance at 0.9465
The next psychological resistance is at 0.9500, a break in this level will take tha pair to 0.9532 (Channel Resistance)
If 0.9500 will not break, a short term pullback at 0.9460 will be a key price at the 4H timeframe.(Trendline Retest)

If 0.9460 will not hold price may go down and consolidate near the 0.9400 level. (Trendline Structure Break)

For this week, I expect USDCHF price will consolidate between 0.9500 - 0.9400 level.


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