Technical analysis of USD / CHF 10/16/2020


The USD / CHF currency pair in an upward correction on the daily timeframe found resistance at 0.9300 (38.2% Fib). At the moment, the pair is trading around 0.9150. If the price manages to break through the resistance level of 0.9300 (38.2% Fib and MA100), then the next key resistance will be the area of ​​the 0.9500 level (61.85 Fib and MA200). Convergence on the RSI is in favor of growth. The key support is the annual low at 0.9000.

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Libertex [CPS] WW

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