FX.co ★ Technical analysis and trading recommendations for the USDCHF currency pair as of September 8, 2017

The currency pair USD/CHF, practicing the periodic value of 0.9600, managed to strengthen and reach the range of 0.9400 by the end of the week. Now we see how the "bear" interest is reduced, but still present in the market. Probably assume a slowdown within the level where the bulls will try to return to the market, adjusting us to the values of 0.9510 / 0.9550.

Key levels

Resistance - 0.9600 *; 0.9750 0.9860; 0,9950

Support - 0,9400; 0,9250

Periodic level *

Signals

- It is recommended to buy a pair according to two variations: First, we wait for a slowdown probably expressed in flat. And after that, we lay down a position for purchase; Second, we lay the warrant a little further than 0.9490 / 9500, taking a wait-and-see position.

- Selling a pair. Since we are within the range of 0.9450 / 0.9400, the positions for sale can be either short-term to the lower limit or waiting for fixation below 0.9400.

Attention: Forecasts are not a direct guide to action!