
Pair USD/CHF Н1. The pair is trading below the day's opening level of 0.8000 and near the daily Pivot level of 0.7989. Key indicators show a neutral stance and the price is near the MA72 trend line, where volume unloading usually occurs. Above the level of 0.7989, the price will move towards the level of 0.8000 and potentially to 0.8008 and higher. Below the level of 0.7989, the pair's descent will continue towards the level of 0.7980 and potentially to 0.7950 and lower. The pair is trading above the monthly Pivot level of 0.7826, above the weekly Pivot level of 0.7908, and near the daily Pivot level, indicating a bullish sentiment for the pair. The pivot level for this session is 0.7989. The first resistance is at 0.8008, the first support at 0.7980.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade