Intraday bias in USD/CHF remains on the upside despite loss of momentum as seen in 4H MACD. Current rise from 0.8333 should target 61.8% retracement of 0.9244 to 0.8333 at 0.896. On the downside, below 0.8724 minor support will turn intraday bias neutral first. But near term outlook will stay cautiously bullish as long as 0.8551 support holds.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.