USD/CHF resumes the growth

After falling yesterday the USD/CHF pair updated a low at 0.9850, as a result of which it rebounded and formed a rebound. In the future, this can be regarded as a resumption of the upward dynamics of the last three months.

Deals for buy should be considered in the range of 0.9000-20.

Significant support are the marks: 0.9870 and 0.9850, the resistance is located at the levels of 0.9970 and 1.0000.

Read also: “What does British pound waits for with the new prime minister”

Hanzenko Anton

---

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

Topical articles of the trader’s blog:

1. USD/CNY – an indicator of the progress of the US – China trade relations 
2. What to expect from the Bank of England in the face of a tough Brexit
3. The results of the US-China trade talks

Current Investment ideas:

1. One more opportunity to earn in October! Sell ​​#CAT shares now!
2. Several reasons to buy Cisco Systems, Inc. shares in October. Let’s earn Together!
3. Technology giant Microsoft is getting ready to storm new highs! Let’s make money on it!