USDCHF
The USDCHF (US Dollar to Swiss Franc) chart indicates an increase in upward momentum. Therefore, the price may bounce from the first support level and move towards the first resistance.
Key levels:
The first market support is at the level of 0.8605 and could lead to an increase in buying pressure. The second support is positioned at 0.8555. Both support levels align well with Fibonacci levels.
The first resistance is formed at the level of 0.8650 and may restrict upward movements. The second resistance is at 0.8695, serving as a potential point for a bearish market reversal.
Key levels:
The first market support is at the level of 0.8605 and could lead to an increase in buying pressure. The second support is positioned at 0.8555. Both support levels align well with Fibonacci levels.
The first resistance is formed at the level of 0.8650 and may restrict upward movements. The second resistance is at 0.8695, serving as a potential point for a bearish market reversal.
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