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USDCHF finds buyers near some key support. Can the buyers keep that positive momentum?

USDCHF finds buyers near some key support. Can the buyers keep that positive momentum?
The USDCHF fell in early Asian trading but found support buyers near the 38.2 of the move down from the end of May high near 0.8779. That is also near a rising trend line and a swing ceiling going back a couple of weeks all near the same area. If the price is able to stay above that area, the buyers are more in control.On the topside, a swing area between 0.8805 and 0.8827 is the next upside target to get to and through. Above that and the 50% midpoint of the same move lower comes in at 0.88497... Read More
Posted: Aug 21 2023, 14:31
Author Name: forexlive
Views: 102016

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