USD/CHF keeps growth potential

USD/CHF pair maintains an uptrend that has been pursued for the last two weeks after almost three days of  in the sideways range from 0.9950 to 0.9900. This flat has unloaded the pair’s overbought and indicates further growth when resistance is broken at 0.9950-40, from which it is worth considering buying transactions. The support levels are: 0.9930-20 and 0.9900, fixing the pair below which would cast doubt on the upward trend safety. The goal is located at the levels: 1.0000 and 1.0020-30.

Read also: “False breakthrough – secrets and subtleties”

Hanzenko Anton

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

Topical articles of the trader’s blog:

1. Trading with shares. Advantages and disadvantages.
2. Does Monday is so hard  as everybody say?
3. How to trade CFD contracts with Ester Holdings Inc.?

Current Investment ideas:

1. Preparing to have profits on an optimistic report of Alcoa Inc.!
2. On weak reporting of Boeing shares we can get a strong income!