“¢ Finally breaks through a four-week-old trading range, triggering a short-covering rally beyond parity mark to the highest level since May 17. “¢ Daily RSI holds comfortably in positive territory but MACD is yet to catch up and hence, bulls might take a brief pause before extending the momentum. “¢ The bullish trajectory could get extended even beyond one-year tops set in May, towards 61.8% Fibonacci expansion level of the April-May up-swing and subsequent retracement. USD/CHF daily chart Spot rate: 1.0015 Daily Low: 0.9948 Trend: Bullish Resistance R1: 1.0045 (R3 daily pivot-point) R2: 1.0057 (1-year tops set in May) R3: 1.0100 (round figure mark) Support S1: 0.9990 (trading range resistance break-point) S2: 0.9944 (50-period SMA H1) S3: 0.9920 (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 USD/JPY stays close to daily highs around 112.50 FX Street 5 years "¢ Finally breaks through a four-week-old trading range, triggering a short-covering rally beyond parity mark to the highest level since May 17. "¢ Daily RSI holds comfortably in positive territory but MACD is yet to catch up and hence, bulls might take a brief pause before extending the momentum. "¢ The bullish trajectory could get extended even beyond one-year tops set in May, towards 61.8% Fibonacci expansion level of the April-May up-swing and subsequent retracement. USD/CHF daily chart Spot rate: 1.0015 Daily Low: 0.9948 Trend: Bullish Resistance R1: 1.0045 (R3 daily pivot-point) 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.
