Advertisement
New Zealand markets closed
  • NZX 50

    12,105.29
    +94.63 (+0.79%)
     
  • NZD/USD

    0.5978
    +0.0003 (+0.04%)
     
  • NZD/EUR

    0.5539
    +0.0006 (+0.11%)
     
  • ALL ORDS

    8,153.70
    +80.10 (+0.99%)
     
  • ASX 200

    7,896.90
    +77.30 (+0.99%)
     
  • OIL

    83.11
    -0.06 (-0.07%)
     
  • GOLD

    2,254.80
    +16.40 (+0.73%)
     
  • NASDAQ

    18,254.69
    -26.15 (-0.14%)
     
  • FTSE

    7,952.62
    +20.64 (+0.26%)
     
  • Dow Jones

    39,807.37
    +47.29 (+0.12%)
     
  • DAX

    18,492.49
    +15.40 (+0.08%)
     
  • Hang Seng

    16,541.42
    +148.58 (+0.91%)
     
  • NIKKEI 225

    40,369.44
    +201.37 (+0.50%)
     
  • NZD/JPY

    90.4000
    +0.0070 (+0.01%)
     

USD/CHF 0.9754 is Interim Resistance

The pair is in a bearish trend. Rejections from the W H3 0.9754 should move the USD/CHF towards 0.9700. A move below and the target will be 0.9674. 0.9754-0.9770 is a strong resistance area. Only if the price moves above M H3 – 0.9770 we should see a potential for uptrend continuation and potential trend change. Below W H3 zone, the price is bearish.

The Analysis has been done with the CAMMACD.Core and Sit Systems

This article was originally posted on FX Empire

More From FXEMPIRE: