USD/CHF parity zone in sight

USD/CHF parity zone in sight

The pair is on the way to reach the parity zone across the board, but the resistance level of 0.9977 has been strong. From such area, USD/CHF has been making a corrective move which could allow more losses towards the Fibonacci zone of 50% at 0.9855. Around that level, we can expect an advance towards the -23.6% area at 1.0034, which should strengthen the bullish idea in a short-term basis.

RSI indicator is entering the neutral territory, calling for sideways in coming hours.

USDCHFH1.png

Similar

Popular

EUR/USD: euro hung on Tenkan-Kijun

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera