FX.co ★ blaise.rogahn | USD/CHF

Hello traders. USD/CHF pair Н1. The pair is trading near the day's opening level at 0.7985 and above the daily Pivot level at 0.7974. The main indicators show a northward movement, and the price is above the MA72 trend line, where volume unloading usually occurs. Above the level of 0.7985, the price will move towards the level of 0.7992 and potentially to the level of 0.8006 and higher. Below the level of 0.7985, the pair's descent will continue towards the level of 0.7974 and potentially to the level of 0.7970 and lower. The pair is trading above the monthly Pivot level at 0.7902, above the weekly Pivot level at 0.7938, and above the daily Pivot level, indicating a bullish sentiment for the pair. The opening level for this session is 0.7985. The first resistance is at 0.8006, and the first support is at 0.7974.