USD/CHF .9350 Sticks Out as Resistance

DailyFX.com reported on USD/CHF resistance at .9350. Technical analysis by Jamie Saettele, CMT using Marketscope 2.0 highlighted the level as a key point of interest. Additionally, .8279 was identified as a reaction level due to its significance as the 61.8% retracement of the 2011-2015 rally and the 127.2% retracement of the 2014-2015 rally. Resistance levels at .9132 and .9340 were also noted, with the latter aligning with the October 2014 low at .9359. Trading ideas were available to J.S. Trade Desk members. DailyFX offers forex news and technical analysis on global currency markets, providing valuable insights for traders.

Comments (0)
Add Comment