Growth Resumption In USD/CHF

Technical Reports

Trading is on the upside for key resistance 1.0067, as growth has resumed after reaching 0.9980. Pivot points are at: (S1) 0.9949; (P) 0.9970; (R1) 0.9998.

Overcoming of 0.9848 will point out trend reversal and turn the forecast bearish. Trading below 0.9937 will become neutral.

The growth from 0.9186 is likely resuming, as the pull back from 1.0067 has completed at 0.9541. Overcoming of 1.0067 will bring retest of key resistance 1.0342. Upside should b limited by strong resistance from 1.0342. Another medium term fall to extend long term range trading is awaited.