Market Expectations: USD/CHF

Note: This section contains information in English only.
Source: Dukascopy
Daily maximum: 0.9235
Daily minimum: 0.9152

The American dollar continued its 2-week rally as the number of unemployment claims declined to 388K versus expected 395K. As a result, the market mean at 0.9187 was breached today.

None of the resistance (0.9249; 0.9284; 0.9374) levels has been approached whereas a breach of support 1 at 0.9159 indicates that support 2 at 0.9104 and support 3 at 0.9014 might be tested if the bearish bias occurs. The daily trading signals point at a continuation of the bullish trend ahead.

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