Currency is sandwiched between the moving average 89 and 144 (resistance levels are 0.9500 and 0.9550) on the one hand and the middle with periods of 55 and 34 (support levels 0.9430 and 0.9415) on the other.MACD histogram crossed the zero line from the bottom up, now 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 forms a similar, but not yet a clear signal as the% K line only crossed the line% D from the bottom up, but not yet started to rise above it.
Therefore, as a confirmation of what the forex market in a given currency pair again could intensify bullish sentiment, we can only wait for the breakdown of the resistance level of 0.9500, which will open the path to levels of 0.9540/50 and 0.9625.
Resistance levels: 0.9480, 0.9500/10, 0.9540/50, 0.9570, 0.9600, 0.9625
Current Price: 0.9469
Support levels: 0.9440/30, 0.9410/00, 0.9380, 0.9340, 0.9320, 0.9300, 0.9260/50
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