USD/CHF has performed well since its latest rebound from 0.84, a level some analysts suspect prompts the SNB to intervene when prices cross beneath it. but unlike USD/JPY, its rally hasn't stalled near a big round number such as 150 or look overextended.
The daily RSI (14) is confirming the rally and not in the overbought zone. The USD-CHF 2-year spread has accelerated higher ahead of prices to suggest upside pressure could be building for USD/CHF.
And a solid bullish trend is apparent on the 1-hour chart, prices are consolidating above the weekly R1 pivot point and trades around the 20-hour EMA. on balance volume (OBV) is also confirming the bullish trend on the 1-hour chart.
Bulls could seek dips towards the weekly R1 pivot or enter around current levels in anticipation of an upside break of its consolidation. The weekly R1 makes a viable upside target, a break above which brings the R3 into focus around 0.8690.
The daily RSI (14) is confirming the rally and not in the overbought zone. The USD-CHF 2-year spread has accelerated higher ahead of prices to suggest upside pressure could be building for USD/CHF.
And a solid bullish trend is apparent on the 1-hour chart, prices are consolidating above the weekly R1 pivot point and trades around the 20-hour EMA. on balance volume (OBV) is also confirming the bullish trend on the 1-hour chart.
Bulls could seek dips towards the weekly R1 pivot or enter around current levels in anticipation of an upside break of its consolidation. The weekly R1 makes a viable upside target, a break above which brings the R3 into focus around 0.8690.
İşlem kapandı: hedefe ulaştı
Nice clean breakout to target. MS.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.