USD/CHF: Pull Back Has Completed

Technical Reports

Stance of trading is neutral, as it seems that the pull back from 1.0067 has completed. Trading below 0.9900 will aline support 0.9856. Pivot points are at: (S1) 0.9923; (P) 0.9951; (R1) 0.9974.

Overcoming of high 1.0067 will renew whole rally from 0.9186. Trading above minor resistance 0.9957 will widen the growth from 0.9900 to retest maximum 1.0067.

Growth from 0.9787 is resuming the whole uptrend from 0.9186. The rise also should aline key resistance 1.0342. Overcoming of 0.9787 will point out a medium term trend reversal and turn forecast bearish.