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USDCHF extends above it 38.2% retracement and 0.91615

The USDCHF has continued its run to the upside. The pair is up 10 of the last 11 trading days. That move has seen the price move from 0.88967 to the high price today of 0.91929.Technically, the price today extended by the 38.2% retracement of the move down from the November 2022 high at 0.91615. That level is now close risk for intraday traders. Stay above is more bullish. A more conservative risk might be the high price going back to the end of May at 0.9146. As long as the price remains above... Read More

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Content Topics

Usdchf

Extends

Above

38 Retracement

91615

0 91615

Forex

Posted: Sep 27 2023, 13:34

Author Name: forexlive

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