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Apr 01 - 05:55 AM

USD/CHF - Leaps Towards A Critical Level

By Jeremy Boulton  —  Apr 01 - 04:08 AM
  • USD/CHF reaches 0.9466 EBS, today's range 0.9373-0.9466 EBS

  • Highest level traded since Jul 16 2020 (0.9467)

  • 0.9500 is a critical level

  • 50% 2019-2021 drop 1.0239-0.8759 is 0.9499

  • Weekly Ichimoku cloud top is 0.9511, 100-WMA is 0.9517

  • Closing breaks over these points could herald major rally

  • Swiss franc and Turkish lira send a positive message nL1N2LU0HH


USDCHF Click here

Source:
Refinitiv IFR Research/Market Commentary

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