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USDCHF
會員從Oct 02, 2014開始
905帖子
會員從Sep 26, 2018開始
9帖子
會員從Jul 12, 2016開始
80帖子
May 15, 2019 at 11:42
會員從Jul 12, 2016開始
80帖子
With a good momentum, the price of USDCHF Spot Forex pair is moving up. Price action is stepping up and Forex traders could easily notice that price action is printing higher swing highs and higher swing lows. Key support level is present at 0.9893 price level, based on most recent swing low in daily time frame of USDCHF.
On Tuesday in Swiss Franc, there was no important news event declaration. Technically; bullish prices could easily move USDCHF towards next resistance target at 1.0300. With reference to the strong up trend, traders should consider only buy trades and no trade against bullish momentum of USDCHF. However; a clear bearish break down in price action below 0.9893 vital support area will end the up momentum. In such type of Forex trading market situation, avoid buying and selling USDCHF and just keep re-analyzing the price movement.
On Tuesday in Swiss Franc, there was no important news event declaration. Technically; bullish prices could easily move USDCHF towards next resistance target at 1.0300. With reference to the strong up trend, traders should consider only buy trades and no trade against bullish momentum of USDCHF. However; a clear bearish break down in price action below 0.9893 vital support area will end the up momentum. In such type of Forex trading market situation, avoid buying and selling USDCHF and just keep re-analyzing the price movement.

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