USDCHF – Daily Forex Technicals by April 24th

The pair continued the upside move started on a bounce from the 1.00 level on April 22. The bullish move on the 4h USDCHF chart continued, although the momentum has slowed down after the pair broke through 1.01. Reaching the 1.02 area should give some traders an opportunity to mark some profits but the overall trend for today and perhaps the rest of the week is still bullish.