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USDCHF News

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Last Updated Date: 10 March 2022 @ 3:09 PM (UTC)
*Please note that all the dates are in GMT time zone

The rallies from last week still hint for a short term trend shift to the upside. Look for attempts to extend rallies, but trade will need to post a close over 0.9306 to attack the previous swing high peaking levels. Be careful for secondary dips and congestion under 0.9250. A close under 0.9248 is bearish and suggests a selling wave to new lows and possibly 0.9232.

 
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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.