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Current Trend:
The USD/CHF pair is in an ascending channel, indicating a short-term bullish trend. The price is currently testing the upper boundary of this channel, near the resistance zone at around 0.8845.
Support and Resistance Levels:
Resistance: The next key resistance level is around 0.8860, which aligns with the upper boundary of the ascending channel.
Support: Immediate support is found near 0.8825, with a more significant support level around 0.8800.
Indicators:
The RSI is showing a slight bearish divergence, which may indicate a potential pullback or consolidation before the price attempts to break above the resistance zone.
Current Trend:
The USD/CHF pair is in an ascending channel, indicating a short-term bullish trend. The price is currently testing the upper boundary of this channel, near the resistance zone at around 0.8845.
Support and Resistance Levels:
Resistance: The next key resistance level is around 0.8860, which aligns with the upper boundary of the ascending channel.
Support: Immediate support is found near 0.8825, with a more significant support level around 0.8800.
Indicators:
The RSI is showing a slight bearish divergence, which may indicate a potential pullback or consolidation before the price attempts to break above the resistance zone.
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.