USDCHF approaching support, bullish above first support level
USDCHF is approaching first support at 1.0107 where we are expecting a bounce above this level to our major resistance level at 1.0231. Stochastic is approaching support as well and ichimoku cloud is also seeing signs of bullish pressure.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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Disclaimer
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.