USDCHF 12.04.2022

Technical Analysis
Tuesday, April 12, 2022 - 13:01
Point Trader Group
USDCHF 12.04.2022

Overview:

The pair is trading in a downtrend

Expected scenario:

The pair is trading below a strong resistance around 0.9500 which enhances the chances of a drop to 0.9100

Alternative scenario:

Breaking the 0.95 level may push the pair to rise to 0.97

 

resistance levels

0.9500

0.9700

0.9800

 

Support levels

0.9100

0.9000

0.8900

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.


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