Growth Resumption In USD/CHF

Technical Reports

Trading is on the upside for resistance 1.0008 and break there will indicate completion of the corrective pull back from 1.0128 at 0.9862. Pivot points are at: (S1) 0.9942; (P) 0.9967; (R1) 1.0005.

Trading below minor support 0.9911 will turn focus back to support 0.9848. Further growth for retesting high 1.0128 is expected.

The growth from 0.9541 could have topped at 1.0128. Still, while support 0.9541 keeps, the rise from 0.9186 is expected to resume at a later stage. Hitting of 1.0128 will aline key resistance 1.0342. Break of 0.9514 will pave the way back to low 0.9186.