USD/CHF keeps recovery from 0.9087 to challenge the sellers. Bullish MACD, repeated failures to stay well below 0.9100 favor the buyers. A two-week-old falling trend line adds to the upside barriers. USD/CHF bears catch a breather around 0.9093 during the pre-European trading on Monday. In doing so, the pair stalls the three-day losing streak amid bullish MACD. Not only the MACD but multiple pullbacks from the sub-0.9100 area also tease the bulls to take entry. While identifying the odds for it, a daily close past-10-day SMA level of 0.9117 becomes the first hurdle to clear ahead of a short-term falling trend line near 0.9180. If at all the bulls manage to cross 0.9180, the monthly top close to 0.9245 will be attacked while keeping the early-July low of 0.9362 on the watch-list. Meanwhile, 0.9080 and 0.9050 can entertain the short-term sellers ahead of diverting them to the 0.9000 threshold. Additionally, the pair’s extended weakness below 0.9000 might not refrain from attacking July 2014 bottom surrounding 0.8860/55. USD/CHF daily chart Trend: Pullback expected FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EU’s Dombrovskis: City of London to face longer wait for market access after Brexit FX Street 2 years USD/CHF keeps recovery from 0.9087 to challenge the sellers. Bullish MACD, repeated failures to stay well below 0.9100 favor the buyers. A two-week-old falling trend line adds to the upside barriers. USD/CHF bears catch a breather around 0.9093 during the pre-European trading on Monday. In doing so, the pair stalls the three-day losing streak amid bullish MACD. Not only the MACD but multiple pullbacks from the sub-0.9100 area also tease the bulls to take entry. While identifying the odds for it, a daily close past-10-day SMA level of 0.9117 becomes the first hurdle to clear ahead of a short-term falling… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
