Correction of USD/CHF Has Completed

Technical Reports

Trading of the pair is on the upside for resistance 0.9977. Correction from 1.0037 has completed to 0.9698. Pivot points are at: (S1) 0.9780; (P) 0.9811; (R1) 0.9863.

Overcoming of 0.9977 will resume growth from 0.9420 through maximum 1.0037. Trading below minor support 0.9783 will become neutral.

The pair’s trading stays in a range of 0.9420/1.0342 and a medium term forecast is neutral. Overcoming of 1.0342 will confirm resumption of upside momentum.