USD/CHF is preparing to resume the growth - Ester Holdings

USD/CHF is preparing to resume the growth

The USD/CHF pair is limited by an upward trading channel, the lower border of which is located in the zone 0.9950-20 after a weekly multi-directional movement.

The resumption of growth of this pair can be expected after consolidation above the level of 0.9970-80, which will open the way to resistance levels: 1.0030 and 1.0050.

Breaking through the lower boundary of the ascending channel will cancel expectations for growth.

Read also: “What is interesting about the US Fed meeting in April,

and how it can affect the world banks policy”

Hanzenko Anton

Earn with the help of the trade service on the news Erste News!

Topical articles of the trader’s blog:

  1. What indicators choose Forex traders (Part 2)
  2. Stock indices are ready to renew a historical high
  3. What indicators choose Forex traders (Part 1)

Current Investment ideas:

  1. Several reasons to buy Cisco Systems, Inc. shares in October. Let’s earn Together!
  2. Technology giant Microsoft is getting ready to storm new highs! Let’s make money on it!

Аналитическая рассылка

Analytical newsletter
Subscribe to the analytical newsletter to be up-to-date with current events!

Вы с украины?