Technical analysis of USD/CHF 07/02/2021

USD/CHF currency pair is showing an upward correction on the daily timeframe. Now the quotes are in the area of the key resistance 0.9270 (61.8% Fib).
If the pair manages to break through and gain above the level of 0.9270, it will mean a change in the trend on the daily chart with the upside potential to the annual high of 0.9470.
The nearest support is the level 0.9140 (MA100).
Cancellation of the growth development option will be the pair’s decline below 0.8930


Created by Joshua Hayn

VN:F [1.9.22_1171]
Rating: 5.0/5 (2 votes cast)
5.0 out of 5 based on 2 ratings

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>