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USD/CHF Daily Technical Analysis | 7 February 2018

2018-02-07 01:12 am | Resource: Technical Analysis | No Views : 278

 
Time frame Used - four hours
The USD / CHF is moving in a sideway in the near-term
USD/CHF CHART
the USD / CHF still faces resistance around 0.9394
  And looking at  the technical indicators
The Relative Strength Index (RSI) indicates a continuation of the positive performance of the index
  The Stochastic is indicating to the continued positive performance of the index
  Accordingly, we expect the USD / CHF to test 0.9394 - 0.9535 again
  The alternative scenario is to break the 0.9253 level down to 0.9152
Resistance: 0.9394- 0.9535 - 0.9638
Support: 0.9253 - 0.9150 - 0.9100
Direction: sideway

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