USD/CHF seesaws around late-Friday tops. 100-HMA, Friday’s high will restrict the latest pullback. September month low can please sellers during the declines. Failure to extend the latest recovery seems to portray the USD/CHF pair’s weakness as it trades around 0.9870 amid pre-European session on Tuesday. The pair trades below 100-Hour Simple Moving Average (HMA) and Friday’s high, around 0.9900, which holds the key to pair’s further recovery towards a 200-HMA level of 0.9930 and 0.9960 numbers to the north. However, 1.0000 psychological magnet will continue restricting pair’s near-term upside. On the contrary, a downside break below Friday’s low of 0.9837 can recall September month bottom, around 0.9800, prior to diverting bears towards 0.9800. USD/CHF hourly chart Trend: bearish 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 Bitcoin price prediction: CME Bitcoin futures volume soars as BTC/USD price drifts at $8,200 – Confluence Detector FX Street 3 years USD/CHF seesaws around late-Friday tops. 100-HMA, Friday's high will restrict the latest pullback. September month low can please sellers during the declines. Failure to extend the latest recovery seems to portray the USD/CHF pair's weakness as it trades around 0.9870 amid pre-European session on Tuesday. The pair trades below 100-Hour Simple Moving Average (HMA) and Friday's high, around 0.9900, which holds the key to pair's further recovery towards a 200-HMA level of 0.9930 and 0.9960 numbers to the north. However, 1.0000 psychological magnet will continue restricting pair's near-term upside. On the contrary, a downside break below Friday's low of 0.9837… 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.
