USDCHF 18.5.2023
Trend: downward.
Expected scenario:
The pair is trading below a strong resistance level around 0.9020, which enhances chances of a drop to 0.8950.
Alternative scenario:
The scenario fails and turns to an upside, with a break of 0.9020, with a four-hour closing, targeting 0.9050 – 0.9100.
The most important levels
resistance:
0.9020 – 0.9050
support:
0.8950 – 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.
Related Topics
Latest News
Tuesday, May 30, 2023 - 18:21
Tuesday, May 30, 2023 - 15:48
Monday, May 29, 2023 - 18:36
European stocks ended trading slightly lower, with America reaching an agreement on the debt ceiling
Monday, May 29, 2023 - 17:25
Latest Economic Analysis
Tuesday, May 16, 2023 - 23:36
Tuesday, April 25, 2023 - 15:59
Tuesday, April 18, 2023 - 22:22
Tuesday, April 04, 2023 - 17:13
Latest Education Articles
Thursday, February 13, 2020 - 21:24
Thursday, January 30, 2020 - 14:39
Friday, January 17, 2020 - 13:00
Friday, January 17, 2020 - 12:55