The dollar-franc pair rose during the Asian session today, Wednesday, for the sixth consecutive day, in light of the scarcity of economic data from Switzerland, and on the other side of the American economy, the beginnings of housing and building permits, then we will have conversations throughout the day for members of the US Federal Reserve.
Technically: The dollar-franc pair rose today near the bearish trend levels on the daily one-day as well, as the pair tries to close today's reflexive candle outside the Bollinger Bands, from which we can expect some corrections on the pair to target levels of 0.9240 then 0.9120.
While maintaining the stop losses, the resistances of the Cluster broke through 0.9370.
Technically: The dollar-franc pair rose today near the bearish trend levels on the daily one-day as well, as the pair tries to close today's reflexive candle outside the Bollinger Bands, from which we can expect some corrections on the pair to target levels of 0.9240 then 0.9120.
While maintaining the stop losses, the resistances of the Cluster broke through 0.9370.
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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.