Daily Pivots: (S1) 0.8733; (P) 0.8747; (R1) 0.8763; More…. USD/CHF’s rally continues today and intraday bias stays on the upside. Current rise from 0.8332 should target 61.8% retracement of 0.9243 to 0.8332 at 0.8995. On the downside, below 0.8725 minor support will turn intraday bias neutral first. But near term outlook will stay cautiously bullish
USDCHF Outlook
Daily Pivots: (S1) 0.8733; (P) 0.8747; (R1) 0.8763; More…. Intraday bias in USD/CHF remains mildly on the upside despite loss of momentum. Rise from 0.8332 should target 61.8% retracement of 0.9243 to 0.8332 at 0.8995. On the downside, below 0.8687 minor support will turn intraday bias neutral first. But near term outlook will stay cautiously
USD/CHF’s rise from 0.8332 resumed by breaking 0.8727 resistance last week. Initial bias stays on the upside this week despite loss of upside momentum. Next target is 61.8% retracement of 0.9243 to 0.8332 at 0.8995. On the downside, below 0.8687 minor support will turn intraday bias neutral first. But near term outlook will stay cautiously
Daily Pivots: (S1) 0.8721; (P) 0.8741; (R1) 0.8757; More…. Intraday bias in USD/CHF remains on the upside at this point. Current rise from 0.8332 would target 61.8% retracement of 0.9243 to 0.8332 at 0.8995 next. On the downside, below 0.8687 minor support will turn intraday bias neutral first. But near term outlook will stay cautiously
Daily Pivots: (S1) 0.8721; (P) 0.8741; (R1) 0.8757; More…. USD/CHF’s rally is in progress despite some loss of upside momentum. Intraday bias stays on the upside. Current rise from 0.8332 would target 61.8% retracement of 0.9243 to 0.8332 at 0.8995 next. On the downside, below 0.8687 minor support will turn intraday bias neutral first. But
Daily Pivots: (S1) 0.8706; (P) 0.8730; (R1) 0.8770; More…. Intraday bias in USD/CHF remains on the upside as rise from 0.8332 is in progress. Further seen to 61.8% retracement of 0.9243 to 0.8332 at 0.8995 next. On the downside, below 0.8687 minor support will turn intraday bias neutral first. But near term outlook will stay
Daily Pivots: (S1) 0.8706; (P) 0.8730; (R1) 0.8770; More…. USD/CHF’s rally from 0.8332 resumed after brief retreat, and intraday bias is back on the upside. Further rally should be seen to 61.8% retracement of 0.9243 to 0.8332 at 0.8995 next. On the downside, break of 0.8550 support is needed to indicate completion of the rebound.