USD/CHF’s rally from 0.8851 accelerated higher last week and there is no sign of topping. Initial bias stays on the upside this week for 0.9146/60 cluster resistance. On the downside, break of 0.8982 minor support will turn intraday bias neutral first. But further rally will remain in favor as long as 0.8874 resistance turned support
USDCHF Outlook
Daily Pivots: (S1) 0.8991; (P) 0.9035; (R1) 0.9090; More…. USD/CHF’s rise from 0.8551 is still in progress. Intraday bias remains on the upside for 0.9146 cluster resistance. On the downside, break of 0.8982 minor support will turn intraday bias neutral first. But further rally will remain in favor as long as 0.8874 resistance turned support
Daily Pivots: (S1) 0.8991; (P) 0.9035; (R1) 0.9090; More…. Intraday bias in USD/CHF remains on the upside at this point. Current rise from 0.8551 is in progress for 0.9146 cluster resistance. On the downside, break of 0.8982 minor support will turn intraday bias neutral first. But further rally will remain in favor as long as
Daily Pivots: (S1) 0.8947; (P) 0.8972; (R1) 0.9011; More…. USD/CHF’s accelerates to as high as 0.9077 so far today. Intraday bias stays on the upside and current rise from 0.8551 should target 0.9146 cluster resistance. On the downside, break of 0.8982 minor support will turn intraday bias neutral first. But further rally will remain in
Daily Pivots: (S1) 0.8947; (P) 0.8972; (R1) 0.9011; More…. USD/CHF’s rally resumed after brief consolidations and intraday bias is back on the upside. Current rally from 0.8551 should target 0.9146 cluster resistance. On the downside, break of 0.8930 support will argue that a short term top is possibly formed, and turn bias back to the
Daily Pivots: (S1) 0.8956; (P) 0.8970; (R1) 0.8993; More…. USD/CHF is staying in consolidation from 0.8982 and intraday bias remains neutral. Further rally is expected as long as 0.8893 support holds. Above 0.8982 will resume the rally from 0.8551 to 0.9146 cluster resistance. However, firm break of 0.8893 will argue that a short term top
Daily Pivots: (S1) 0.8956; (P) 0.8970; (R1) 0.8993; More…. Intraday bias in USD/CHF stays neutral at this point and more consolidations could be seen. But further rally is expected as long as 0.8893 support holds. Above 0.8982 will resume the rally from 0.8551 to 0.9146 cluster resistance. However, firm break of 0.8893 will argue that