By Anton Eljwizat
The USD has dropped significantly versus the CHF in the past 2 weeks, and it is currently traded around 0.9375. And now as evident in the data, the 4-hour chart is giving bullish signals, indicating that USD/CHF pair might go up. Forex traders can take advantage of this impending movement by having their Entry Orders in place to capture this reversal.
• The next support levels are located at the 0.9345, 0.9315 and $0.9295 levels.
• The next resistance levels are found at the 0.9405, 0.9435 and 0.9470 levels.
USD/CHF 4-Hour Chart
Forex Market Analysis provided by ForexYard.
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