Technical analysis of USD/CHF 07/09/2021

USD/CHF currency pair on the daily timeframe found resistance at the level of 0.9268 (61.8% Fib), after which it rolled back and at the moment the quotes are in the area of 0.9160 (MA100).
If the pair continues to decline, the next support will be the level of 0.9060 (MA200).
If the pair manages to break through and gain above the level of 0.9260 (61.8% Fib), it will mean a change in the trend on the daily chart with the upside potential to the annual high of 0.9470.


Created by Joshua Hayn

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