Mar
21

USD/CHF D1 Technical March 21

USD/CHF is trading in a range of 0.9515-0.9385 level. Break of any level will clear the trend of pair. USD/CHF is expecting to move southward today and test its support at 0.9385 level. If pair manage to break this level and H4 candle close below 0.9385 level that will indicate more bearish strength for pair and USD/CHF will continue its bearish trend. But if pair hold its support level and H4 candle close above 0.9385 level, this will provide a valid buy entry for USD/CHF.

High impact News can affect the pair. News like Unemployment Claims, Existing Home Sales, Philly Fed Manufacturing Index.

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