USDCHF - Bullish Above 0.88000
Current Price: 0.88365
Action: Bullish above 0.88000
Target Levels:
0.8976
0.9093
0.9178
Reason:
Price Action: USDCHF has been showing bullish momentum, holding above key support at 0.88000.
RSI (Relative Strength Index): RSI is currently in the bullish zone (above 50), indicating upward momentum.
MACD: The MACD is above the signal line and showing increasing positive momentum.
Trend Confirmation: The pair is in an overall uptrend, as confirmed by higher highs and higher lows.
Support at 0.88000
The level at 0.88000 is a key support, and a breakout above this level opens the path for the mentioned targets.
Note: Always use proper risk management.
Current Price: 0.88365
Action: Bullish above 0.88000
Target Levels:
0.8976
0.9093
0.9178
Reason:
Price Action: USDCHF has been showing bullish momentum, holding above key support at 0.88000.
RSI (Relative Strength Index): RSI is currently in the bullish zone (above 50), indicating upward momentum.
MACD: The MACD is above the signal line and showing increasing positive momentum.
Trend Confirmation: The pair is in an overall uptrend, as confirmed by higher highs and higher lows.
Support at 0.88000
The level at 0.88000 is a key support, and a breakout above this level opens the path for the mentioned targets.
Note: Always use proper risk management.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.