Temporary Minimum Was Formed in USD/CHF

Technical Reports

Trading in the pair is neutral, as a temporary minimum was formed at 0.9523. Pivot points are at: (S1) 0.9535; (P) 0.9548; (R1) 0.9567.

Upside of the pair should be limited below resistance 0.9699. Fall from 1.0342 can prolong to key support level 0.9443. Recoil in the pair is possible.

The pair is limited in a medium term range of 0.9443/1.0342. Downside should be limited by key support level 0.9443. Overcoming of key resistance 1.0342 will confirm bullish momentum in the pair.