Sat, Dec 28, 2024 @ 10:14 GMT
Facebook Mail RSS Twitter
HomeContributorsTechnical AnalysisUSD/CHF Can Buyers Take It Higher?

USD/CHF Can Buyers Take It Higher?

MultiBank Exchange Group
By MultiBank Exchange Group

Surprisingly or not, the USD/CHF is trading in the green, stay above the 0.9498 static support and is struggling to climb above the sliding line (SL). I’ve said in the previous reports that an accumulation above the 0.9440 will signal a reversal. Is trading much above the 0.9437 previous low, but another leg higher will appear only if the USDX will start another important upside movement.

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.

Featured Analysis

Load more

Learn Forex Trading

ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for over a decade. Empowering the individual traders was, is, and will always be our motto going forward.

Contact us: contact@actionforex.com

© ActionForex.com © 2024 All rights reserved.