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FX.co ★ Technical analysis and trading recommendations for the USD/CHF currency pair as of April 19, 2018

Technical analysis and trading recommendations for the USD/CHF currency pair as of April 19, 2018

As discussed in the previous review, the USD/CHF currency pair continued to move upwards after a small stop near the value of 0.9650, where a pullback was seen. As of this writing, the quotation is slowly but surely fixed above the local highs of 0.9650 which was currently found at 0.9684. It is possible to assume that the upward mood will continue and gradually reach the main resistance level of 0.9770, where it would be worthwhile to expect a correction in the market.

Key Levels

Resistance is 0.9770; 0.9850 *; 0.9960.

Support - 0.9650 *; 0.9540 *; 0.9400; 0.9180.

Periodic level *

Technical analysis and trading recommendations for the USD/CHF currency pair as of April 19, 2018

Attention: Predictions are not a direct action to action!

* The presented market analysis is informative and does not constitute a guide to the transaction.

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