Forex Analysis : USD/CHF

There is key support around the 0.9200 mark and again at 0.9120, and given they hold a move to nearer 0.9380 looks possible.

Trade View

• The Swiss Franc had a positive week and closed at 0.9246 and the bull swing looks set to continue, provided a key support at 0.9120 holds early week.
• There is however a band of resistance from 0.9244 to 0.9380 or so, and if this band is taken out in the not too distant futures, the next target will be 0.9446.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: