By Anton Eljwizat
A bearish movement of the USD/CHF cross hasn’t received much support as of late. Below, I will demonstrate that the USD/CHF pair has already commenced an upward trend for today, as a bullish cross has taken place on the Slow Stochastic and MACD. In addition, the Williams Percent Range indicates that the price of this cross currently floats in the oversold territory, signaling up pressure. Traders are strongly advised to take advantage of the trend at an early stage. Therefore, why not open long positions at an excellent price?
The next resistance level is located at the 0.9430 level.
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