FX.co ★ blaise.rogahn | USD/CHF

Pair USD/CHF Н1. The pair is trading near the day's opening level of 0.8080 and above the daily Pivot level of 0.8029. Key indicators show a northward trend and the price is above the MA72 trend line, where volume unloading usually occurs. Above the level of 0.8080, the price will move towards the level of 0.8087 and potentially to the level of 0.8100 and higher. Below the level of 0.8080, the pair's descent will continue towards the level of 0.8055 and potentially to the level of 0.8029 and lower. The pair is trading above the monthly Pivot level of 0.7826, above the weekly Pivot level of 0.8022, and above the daily Pivot level, indicating a bullish sentiment for the pair. The opening level of the day is at 0.8080 for this session. The first resistance is at 0.8087, the first support at 0.8070.