USD/CHF bounced from the daily low at 0.9907 and is now challenging the 0.9950-0.9961 area. USD/CHF bulls need the breakout above 0.9950-0.9961 area in order to target 0.9989-1.0000 zone. A failure to breakout above the 0.9950-0.9961 area may lead to a continuation of the range. However, bulls seem to have a slight advantage as the main trend remains bullish. USD/CHF 15-minute chart Spot rate: 0.9940 Relative change: 0.06% High: 0.9950 Low: 0.9907 Trend: Bullish / Bearish pullback Resistance 1: 0.9950-0.9961 area, figure and June 21 open Resistance 2: 0.9989-1.0000 area June 15 high and parity Resistance 3: 1.0036 weekly high Resistance 4: 1.0069 current 2018 high Resistance 5: 1.0170 March 7, 2017 high Resistance 6: 1.0343 December 15, 2016 Support 1: 0.9929 daily 50-period SMA Support 2: 0.9920 intraday demand level Support 3: 0.9900 figure Support 4: 0.9856 June 25 low Support 5: 0.9788 June 7 swing low 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 Investor interest in the July BOJ meeting remains high – Nomura FX Street 5 years USD/CHF bounced from the daily low at 0.9907 and is now challenging the 0.9950-0.9961 area. USD/CHF bulls need the breakout above 0.9950-0.9961 area in order to target 0.9989-1.0000 zone. A failure to breakout above the 0.9950-0.9961 area may lead to a continuation of the range. However, bulls seem to have a slight advantage as the main trend remains bullish. USD/CHF 15-minute chart Spot rate: 0.9940 Relative change: 0.06% High: 0.9950 Low: … 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.
