USD/CHF 4H Chart: Potential target at 0.9400

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Indicator4H1D1W
MACD(12;26;9)BuyBuySell
RSI(14)SellSellNeutral
Stochastic(5;3;3)NeutralSellNeutral
Alligator(13;8;5)BuyBuySell
SAR(0.02;0.2)BuyBuySell
Aggregate

The US Dollar has surged by 3.30% against the Swiss Franc since June 11. The currency pair breached a significant resistance level at 0.9047 during last week's trading sessions.

All things being equal, the USD/CHF currency exchange rate could continue to trend upside during the following trading sessions. The potential target for bullish traders will be near the 0.9400 level.

However, buyers could encounter resistance at 0.9277 during this week's trading sessions.

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