FX.co ★ blaise.rogahn | USD/CHF

Pair USD/CHF Н1. The pair is trading near the day's opening level of 0.7905 and near the daily Pivot level of 0.7907. The main indicators show a northward direction and the price is above the MA72 trend line, where volume unloading usually occurs. Above the level of 0.7902, the price will move towards the level of 0.7923 and possibly towards the level of 0.7935 and higher. Below the level of 0.7902, the pair's descent will continue towards the level of 0.7894 and possibly towards the level of 0.7887 and lower. The pair is trading near the monthly Pivot level of 0.7902, above the weekly Pivot level of 0.7831, and near the daily Pivot level, indicating a bullish sentiment for the pair. The fork for this session is the monthly Pivot level of 0.7902. The first resistance is at 0.7923, the first support is at 0.7894.