Technical analysis of USD / CHF 09/09/2020

The USD / CHF currency pair on the Daily chart is moving in a downtrend. The pair found support at 0.9000 from which it corrected to 0.9200 (upper line of the descending channel and 23.6% Fibo). Convergence on the RSI indicator gives grounds to assume the development of a correction and growth to the level of 0.9400 (MA100 and 50% Fib), if the pair manages to break through the resistance of 0.9200. Currently the price is around 0.9130. Cancellation of the upward correction development scenario will be the breakout of support 0.9000.

Created by Joshua Hayn

VN: F [1.9.22_1171]

Rating: 3.8 /5 (8 votes cast)

3.8 out of 5 based on 8 ratings

Libertex [CPS] WW



MTP Procurement Management Procurement Bidding SRM Cost Optimization Team Management Cost Management SAP ERP Management Skills SAP ERP 1C Supply Control SAP / SRM SAP / R3 Analytical Thinking Working with Suppliers Result Oriented System Thinking Process Management Strategic Planning Project Management MsOffice Negotiations with company top officials Organization of procurement procedures Oil trading

Read Previous

Start of the day. The market is trying to get out of the minus

Read Next

FINAM FOREX: Dollar Strengthens Amid Growing Pessimistic Sentiment Due To New Covid-19 Strain