Daily Analysis of USD/CHF

Daily Analysis of USD/JPY
November 6, 2017

Daily Analysis of USD/CHF

During the trading hours on Friday, the US dollar raised its value from 0.9993 CHF to 1.0003 CHF. This morning the currency pair is trading at 1.0017 CHF. According to the analysis of Forex Markex Signals, if US dollar breaks the resistance levels at 1.0036 – 1.0042 CHF, the aim will be reaching and testing the zone 1.0069 – 1.0072 CHF. If it is successful, the upward trend will continue to 1.0114 – 1.0120 CHF. If USD drops below the support levels at 0.9964 – 0.9958 CHF, it will try to find next support at 0.9916 – 0.9913 CHF. In case of breaking down, the downward trend will continue to 0.9886 – 0.9880 CHF.

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