Last Updated Date: 16 February 2022 @ 1:22 PM (UTC)
*Please note that all the dates are in GMT time zone
The USDCHF market shows short term peaking action, driving initial topping selloffs to test 0.9206 retracement support. A close under 0.9206 alerts for a larger top/downturn and projects selloffs to 0.9158. Trade may try to bounce off 0.9206 and consolidate declines inside Friday’s range. Only a close over 0.9287 rekindles bull trend forces.
Resistance 2 0.9287
Resistance 1 0.9262
Support 1 0.9226
Support 2 0.9200