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Weekly forecast US Dollar / Swiss Franc technical chart
Symbol USDCHF

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateApril 30, 2022 - 19:33
Currentuptrend
Forecastcontinuation of uptrend

Midterm forecast:

  • 0.94590 is a major support, while this level is not broken, the Midterm wave will be uptrend.

Technical analysis:

  • A trough is formed in daily chart at 0.92860 on 04/12/2022, so more gains to resistance(s) 0.97577, 0.98291, 0.99000 and more heights is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 82.

Supports and Resistances:

  1. 0.94590
  2. 0.93580
  3. 0.92869
  4. 0.91937
  5. 0.91492
  6. 0.90850
Click on the level to view price action history.

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