$USDCHF- Bounce?
Currently we are at 0.9689. We are looking for a continuation to the Support area @ 0.9775 with an overall target @ 0.9855 after the bounce on current support. The average daily true range (ATR) for the pair currently is 84 pips.
Currently we are at 0.9689. We are looking for a continuation to the Support area @ 0.9775 with an overall target @ 0.9855 after the bounce on current support. The average daily true range (ATR) for the pair currently is 84 pips.
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Editors’ Picks
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AUD/USD rapidly left behind Wednesday’s decent advance and resumed its downward trend on the back of the intense buying pressure in the greenback, while mixed results from the domestic labour market report failed to lend support to AUD.
EUR/USD leaves the door open to a decline to 1.0600
A decent comeback in the Greenback lured sellers back into the market, motivating EUR/USD to give away the earlier advance to weekly tops around 1.0690 and shift its attention to a potential revisit of the 1.0600 neighbourhood instead.
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Is the Biden administration trying to destroy the Dollar?
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