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USDCHF News

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Last Updated Date: 25 March 2022 @ 8:44 AM (UTC)
*Please note that all the dates are in GMT time zone

Yesterday’s spike from a new high alerts for a near term peak and we should be on guard for corrective setbacks. A close under 0.9250 will extend a correction to attack 0.9216 support for a short term top. If trade holds 0.9250, then residual bull forces will attempt secondary rallies. Closes over 0.9309 or punch over 0.9344 projects to 0.9385.
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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.