Currency entrenched above the moving averages with periods of 89, 55 and 34 (now this level of support 0.9490 and 0.9440/30), but still is below average with a period of 144 (the resistance level of 0.9555).MACD histogram is located in the positive zone and above its signal line, continues to gradually rise, and thus sends a signal to buy USD / CHF.
Stochastic Oscillator is in the neutral zone and creates an opposite signal, since the% K line falls below the% D.
The contradiction in the signals that serve indicators, leads us to the fact that the most correct decision now - to stay out of the forex market and focus on the next strong support and resistance levels.
There are two options:
1. Break of 0.9575 resistance level and the growth of USD / CHF to levels of 0.9625 and 0.9685.
2. Break of 0.9525 support level and lower USD / CHF to levels of 0.9500 and 0.9480.
Resistance levels: 0.9575, 0.9600, 0.9625, 0.9650, 0.9685
Current Price: 0.9547
Support levels: 0.9525, 0.9500, 0.9480, 0.9440/30, 0.9410/00
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