USD/CHF remains in an uptrend

The USD/CHF pair maintains an upward trend, despite the slowdown in growth and the flight of investors into safe assets. This pair continues to trade in the upward trend for the second week, limiting itself to attempts of correction. Further upside potential for the dollar against the franc remains, limited to 0.9990-1.000. Fixing the pair above this zone will indicate opening the way for buyers to resistance levels: 1.0040 and 1.0060. Significant support is located at the levels: 0.9960 and 0.9940, updating of which will slow the upward trend.

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Hanzenko Anton

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

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1. Long-term investment in currency pairs! The EUR/JPY pair!
2. Geopolitical risks for the beginning of 2019! (Part 3)
3. Long-term investment in currency pairs! The GBP/USD pair!

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