Does the pair cross the resistance of 0.9459?
The short-term trend of the US dollar against the Swiss franc is bullish and the break of the resistance of 0.9459 indicates the revival of the bullish movement starting from 0.9149. Therefore, we can expect the USDCHF to move to the estimate of 61.8% Fibonacci at 0.9591.
From the sellers’ point of view, if the pair crosses below the partial support of 0.9408, the price will enter the market.
* Technical H4 analysis of USDCHF
* Technical daily analysis of USDCHF
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