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USD/CHF Technical Analysis

By TradeAcumen · November 30, 2018 · Comments Off
USDCHF ·

Summary Target Level
Target Period4 hour
Stop Level Analysis

Approaching Resistance level of 1.0007 identified at 29-Nov-17:00 2018 GMT

Supporting Indicators Resistance Levels
Support Levels

Chart Date Range09-Nov-01:00 GMT->30-Nov-09:00 GMT
Data Interval
RSI34 Candles
MA34 Candles

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USDCHF has turned nicely to the downside since Friday, clearly in impulsive manner. Notice that market also retraced back to

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Upbeat labor market figures are believed to buoy the US dollar today opposite the Swiss franc as unemployment in the

USDCHF

Risk WarningSite visitors hereby acknowledge that: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

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USD/CHF Technical Analysis

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