“¢ The pair extended overnight rebound from the 0.9900 neighborhood and finally broke through the weekly trading range resistance. “¢ Adding to this, a convincing move beyond 200-hour SMA further reinforces an intraday bullish breakout and thus paves the way for an extension of the positive momentum. “¢ However, RSI (14) on the 1-hourly chart has now moved into overbought territory and might hinder further up-move ahead of the advance US GDP growth figures. USD/CHF 1-hourly chart Spot rate: 0.9965 Daily Low: 0.9932 Trend: Bullish Resistance R1: 0.9979 (R2 daily pivot-point) R2: 1.0000 (psychological mark) R3: 1.0025 (horizontal zone) Support S1: 0.9932 (current day swing low) S2: 0.9913 (S1 daily pivot-point) S3: 0.9901 (weekly low set on Monday) 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 AUD/USD risks further downside – UOB FX Street 5 years "¢ The pair extended overnight rebound from the 0.9900 neighborhood and finally broke through the weekly trading range resistance. "¢ Adding to this, a convincing move beyond 200-hour SMA further reinforces an intraday bullish breakout and thus paves the way for an extension of the positive momentum. "¢ However, RSI (14) on the 1-hourly chart has now moved into overbought territory and might hinder further up-move ahead of the advance US GDP growth figures. USD/CHF 1-hourly chart Spot rate: 0.9965 Daily Low: 0.9932 Trend: Bullish Resistance R1: 0.9979 (R2 daily pivot-point) R2: 1.0000 (psychological… 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.
