After falling around 75 pips from 1.1365 to reach the intra-day low at 1.1290, USD/CHF has been rejected by this level to rise above the 1.1350. Currently the pair has recovered its initials losses and it's trading around 1.1355/65, 0.15% above today's opening price.
"Bearish pressure remains intact in the pair in bigger time frames, although 1.1240 is a strong static support zone, and must be cleared to see the pair falling in the term. Hourly charts remain also bearish, while under 1.1350 zone, with indicators not clear yet bearish, and price under the 20 SMA. Support levels: 1.1282 1.1240 1.1190. Resistance levels: 1.1350 1.1385 1.1400."
Popular Posts
-
The Yen rose against major currencies for second day in a row against European currencies. USD/JPY fell for third consecutive day. Today rea...
-
The U.S. dollar continued to gain today after the yesterday’s rather significant rally as the speculations that the world’s biggest economy ...
-
American Dollar 1 USD in USD Argentine Peso 4.47506 0.223461 Australian Dollar 0.937147 ...
-
Euro 1 EUR in EUR American Dollar 1.365 0.732601 Australian Dollar 1.3428 0.744713 ...
-
Australian Dollar has appreciated further on Tuesday’s European session, and the pair has risen from levels around 0.7400 to 0.7475; 7-month...
No comments:
Post a Comment