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FX.co ★ blaise.rogahn | USD/CHF

USD/CHF

USD/CHF

Analyzing the current situation on the USDCHF chart, we can see that the currency pair has prospects to continue its growth. Currently, the price is at 0.90770 and is above the moving average with a price of 0.90737. This indicates that buying assets now is more prospective than selling. As a profit target for purchases, the upper mark of the LRMA BB indicator at 0.90995 can be used. However, it is worth noting that purchases may continue above this level, depending on the current market volatility. Selling opportunities may arise when the price exceeds the upper boundary of 0.90995. From a selling perspective, the lower level of the LRMA BB indicator at 0.90479 is a prospective target. Monitoring the average moving value at 0.90737 is also important at the moment, as a breakdown below it could signal sales. Taking these factors into account, it can be concluded that the rise of the USDCHF currency pair is likely, and buying assets now may be the most prospective strategy.
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