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USDCHF News

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Last Updated Date: 17 January 2022 @ 1:05 PM (UTC)
*Please note that all the dates are in GMT time zone

The USDCHF market has climbed into a short term bull upswing and posting a close over 0.9160 implies an extension to 0.9201. Trade may slip into Friday’s range and consolidate gains, but suspect support under 0.9094 will bounce trade back to positive trade action. Only a close under 0.9075 turns trend forces back down.

Resistance 2       0.9163
Resistance 1       0.9138
 

Support 1            0.9100
Support 2            0.9075


 
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RISK WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Whilst leverage enables traders to magnify their profits on successful trades, it is possible to sustain significant losses,around 78% of retail investor accounts lose money when trading CFDs.