Technical analysis of USD/CHF 06/29/2022

The USD/CHF currency pair is trading in a downward correction on the daily chart. At the moment the price is in the support zone 0.9550 (50% Fibo).

If the pair falls and consolidates below this area, technically it will mean a continuation of the correction to the next support level in the 0.9465 area (61.8% Fibo).

The canceled to continue the downward correction will be the growth of the pair above the high of 1.0064.


Created by Joshua Hayn

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