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USD/CHF


Markian

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Guest andengireng

USD CHF today May 30 2017

 

usdchf-h1-trading-point-of.png

 

 

USDCHF is moving in a bullish bias for today. For today's trading strategy based on technical analysis, you can wait for confirmation of buy signal if correction occurs to the support area at 0.97618 with potential rebound up to the range 0.97784-0.97933. But if no correction occurs then a break above 0.97933 will open the chance for continued bullish movement to the range 0.98082-0.98248. Conversely, be careful if the support at 0.97544 breaks because it will turn the intraday bias to bearish and potentially will push USDCHF up to the range 0.97452-0.97303.

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