Technical analysis of USD/CHF 12/09/2024
The USD/CHF currency pair is in a downward correction on (1D).
The pair reached support at 0.8736 (38.2% Fibo) and is currently trading in the 0.8800 (MA200) area.
If the pair manages to break through and consolidate below the 0.8740 area, this will mean the development of a downward correction with the next target at 0.8680 (50% Fibo).
The resistance level is in the 0.8957 area.
Created by Joshua Hayn
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