FX.co ★ blaise.rogahn | USD/CHF

Yesterday, as a result of the decline in the USD/CHF pair, sellers still managed first to drag the price down to the calculated support level at 0.8114, and then pushed through it; however, there were already problems with consolidating below this level, even though volumes were quite high and steadily increasing intraday, which, against the backdrop of the subsequent rise and the reverse breakout of the indicated level, looks like an attempt by large buyers to resume entering positions. Overall, my priority is buying, so from the USD/CHF pair next Monday I will be expecting a continuation of the rise that began yesterday in the second half of the trading day, targeting the nearest calculated resistance level at 0.8150.