“¢ The pair built on the overnight bullish breakthrough one-month-old trading range, with persistent USD buying interest providing an additional boost on Friday. “¢ Short-term technical indicators are gradually picking up the pace and remain supportive of an extension of the ongoing positive momentum. “¢ Bulls might now be looking to test YTD tops, set in May, before eventually aiming to test 61.8% Fibonacci expansion level of the April-May upswing and subsequent retracement. USD/CHF daily chart Spot rate: 1.0041 Daily Low: 1.0015 Trend: Bullish Resistance R1: 1.0057 (YTD tops set on May 10) R2: 1.0082 (R2 daily pivot-point) R3: 1.0117 (61.8% Fibo. expansion) Support S1: 1.0015 (current day swing low) S2: 0.9990 (trading range resistance break-point) S3: 0.9970 (S1 daily pivot-point) 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 Russia’s Novak: US trade tensions affects oil prices FX Street 5 years "¢ The pair built on the overnight bullish breakthrough one-month-old trading range, with persistent USD buying interest providing an additional boost on Friday. "¢ Short-term technical indicators are gradually picking up the pace and remain supportive of an extension of the ongoing positive momentum. "¢ Bulls might now be looking to test YTD tops, set in May, before eventually aiming to test 61.8% Fibonacci expansion level of the April-May upswing and subsequent retracement. USD/CHF daily chart Spot rate: 1.0041 Daily Low: 1.0015 Trend: Bullish Resistance R1: 1.0057 (YTD tops set on May 10) R2:… 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.
