Intraday news and views – USD/CHF
|Intraday USD/CHF outlook - 1.0020
Dlr's intra-day break of Fri's 0.9954 high (now sup) n then penetration of Sep's 3-month peak at 0.9966 to a near 4-month top of 1.0011 in holiday- thinned. American session suggests price wud head to 1.0020/30 but 2022 peak at 1.0064 shud hold.
Trade fm long side for 1.0020 next after range trading n only below 0.9950/54 signals temp. top.
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.