- USD/CHF repeatedly fails to cross 0.9985/90 area.
- A two-month-old rising trend-line, 100-day EMA grabs sellers’ attention.
Repeated failures to rise past-0.9985/90 resistance-area drags USD/CHF to 0.9965 by the press time of early Tuesday.
The pair now witnesses pullback towards the two-month-old rising trend-line, at 0.9930, a break of which could further drag the quote to a 100-day Exponential Moving Average (EMA) level of 0.9910.
Though, pair’s declines beneath 0.9910 can take aim at September 24 low nearing 0.9845.
On the flip side, pair’s successful run-up beyond 0.9990 needs validation from 61.8% Fibonacci retracement of April-August declines, at 1.0016, in order to aim for 1.0100 mark.
USD/CHF daily chart
additional important levels
|Today last price||0.9965|
|Today Daily Change||-6 pips|
|Today Daily Change %||-0.06%|
|Today daily open||0.9971|
|Previous Daily High||0.9984|
|Previous Daily Low||0.9943|
|Previous Weekly High||0.9991|
|Previous Weekly Low||0.9904|
|Previous Monthly High||0.9988|
|Previous Monthly Low||0.9797|
|Daily Fibonacci 38.2%||0.9959|
|Daily Fibonacci 61.8%||0.9968|
|Daily Pivot Point S1||0.9948|
|Daily Pivot Point S2||0.9925|
|Daily Pivot Point S3||0.9907|
|Daily Pivot Point R1||0.9989|
|Daily Pivot Point R2||1.0007|
|Daily Pivot Point R3||1.003|
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