Home
About Us
Trade
Offers
Analytics
Education
Start Trading

Technical Analysis

USDCHF remains above MA 200 H1

26-Nov-2021 13:01:04

Yesterday the USDCHF was trading higher and closed the day in positive territory around the Chf0.9355. Today it dropped slightly and dropped to Chf0.9325. On the hourly chart, USDCHF is still trading above the moving average MA line (200) H1 (Chf0.9300). The situation is similar on the four-hour chart. Based on the foregoing, it is probably worth adhering to the northern direction in trading, and while the USDCHF remains above MA 200 H1, it may be necessary to look for buy entry points for the formation of a correction.

Resistances levels are at: Chf0.9370, Chf0.9395, Chf0.9435
Support levels are at: Chf0.9300, Chf0.9250-65, Chf0.9180-85

Probably, the main scenario is a further advance towards Chf0.9370 (Nov 24 high). Alternative scenario is consolidation below the MA 200 H1 level, followed by a decline towards Chf0.9085 (Nov 1 low).

Our Partners:

Liquidity Providers:

Gateways:

Partner Banks:

Alfa Bank
Wise Bank
Sber Bank
Migom Bank

Support:

Our Partners

Liquidity Providers

Gateways

Partner Banks

Support