USDCHF following the dollar index renews the lows. The currency pair breaks through a strong support, which has been holding the price for a long time. What's next?
The dollar index is approaching a strong support zone, from which a pullback might be formed. This maneuver will also influence the forex market. Thus, the currency pair usdchf is headed to the support at 0.90230, where there is a chance of the price bounce to the resistance. The retest will determine the further direction, I stick to the opinion that the price from resistance will continue its decline following the dollar index.
Strong resistance: 0.90850 and 0.91500 (selling is possible on the retest) Key support: 0.90230, 0.90000 and 0.89300 I expect a small pullback from the support levels with further continuation of the fall. Short-term target is support at 0.9000, medium-term target at 0.89300.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.