© Dukascopy Bank
- DailyFX (based on Marketwatch)
пЃ® Industry outlook
Following a recent rally the currency couple is expected to carry on stepping higher. Additionally, since the uptrend is anticipated to provide sufficient support, a break of 0.9430 would imply a possible advancement up to 0.9545.
пЃ® Traders' sentiment
The vast majority of traders continue staying bullish on USD/CHF pair. Accordingly, 74.46% of them presently are holding long trades, while the rest, being 25.54%, wait for the Swiss Franc to appreciate.
пЃ® Long position opened
Bullish investors should pay attention to the key resistance levels for intraday trading. R1 is situated at 0.9469, followed by R2 and R3 at 0.9516 and 0.9590 respectively.
пЃ® Short position opened
Key support for USD/CHF intraday trading is situated at 0.9348. In case S1 is penetrated, traders with short positions are likely put their T/P orders at 0.9274 and 0.9227.
© Dukascopy Bank