Intraday news and views – USD/CHF
|Intraday market moving news and views
Update Time: 17 Aug 2022 05:30GMT
Intraday USD/CHF - 0.9493
Dlr's intra-day rally on Tuesday from 0.9455 (Asia) to 0.9514 in New York morning suggests recent downtrend has made a low at last Thursday's near 4-month trough at 0.9372 and as 0.9483 has contained subsequent pull- back, upside bias is retained for gain to 0.9530.
Trade from long side for this move but 0.9550 may hold in Europe and only below 0.9471 risks 0.9450/55.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.