“¢ The pair regained positive traction on Tuesday and climbed back closer to the overnight swing high, a resistance marked by 23.6% Fibo. level of the 1.0124-0.9895 recent downfall. “¢ Sustained move beyond 100-hour SMA, for the first time in nearly two weeks, was seen as a key trigger for intraday bullish traders and support prospects for an extension of the up-move. “¢ Meanwhile, technical indicators on the 1-hourly chart have been gaining positive traction and further add credence to the constructive outlook amid improving global risk sentiment. “¢ A sustained move beyond the 0.9950 region will reaffirm the bullish bias, setting the stage for a test of 200-hour SMA and 38.2% Fibo. level confluence hurdle near the 0.9975-80 area. USD/CHF 1-hourly chart 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 extends rally to fresh 5-day high above 0.7130 FX Street 4 years "¢ The pair regained positive traction on Tuesday and climbed back closer to the overnight swing high, a resistance marked by 23.6% Fibo. level of the 1.0124-0.9895 recent downfall. "¢ Sustained move beyond 100-hour SMA, for the first time in nearly two weeks, was seen as a key trigger for intraday bullish traders and support prospects for an extension of the up-move. "¢ Meanwhile, technical indicators on the 1-hourly chart have been gaining positive traction and further add credence to the constructive outlook amid improving global risk sentiment. "¢ A sustained move… 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.
