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FX.co ★ Daily analysis of USD/CHF for April 3, 2018

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Forex Analysis

2018-04-03T04:12:56
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Daily analysis of USD/CHF for April 3, 2018

USD/CHF

This trading instrument did not make any significant movement yesterday. The resistance level at 0.9550 is under siege and it is almost broken to the upside. As the EUR/USD is weakened further, the USD/CHF will go northwards, targeting the resistance levels at 0.9600 and 0.9650. A very strong buying pressure is needed to reach the resistance level at 0.9650.

Daily analysis of USD/CHF for April 3, 2018

The market will go upward when volatility arises. A rise in the market is expected this week, which would also be fueled by weakness in the EUR/USD.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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