USD/CHF Technical analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
USD/CHF is trading within a range from 0.87600 to 0.88600. The directional bias is crucial in the near term. If a bullish bias occurs, the resistance level at 0.89000 must be broken in order for the bullish momentum to continue.



If bearish momentum develops, it could create a trading environment where the support level at 0.87600 is tested, potentially leading to further downward movement.
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