HomeContributorsTechnical AnalysisUSD/CHF More A Buy Than A Sell

USD/CHF More A Buy Than A Sell

USD/CHF decreased in the last session, but maintains a chance to reach new high in the upcoming period. Could decrease to retest the 0.9634 static support before will try to take out the dynamic resistance from the median line (ml). I’ve said in a previous report that we may see a minor consolidation above the 0.9634 level before the rate will have enough energy to jump much higher.

MultiBank Exchange Group
MultiBank Exchange Grouphttp://www.mexgroup.com
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

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