Forex: USD/CHF almost at 0.9500

on Jul 4, 2013
Listen

_iNVEZZ.com Thursday July 04th_: Yesterday the pair dropped 0.52 percent to close below the 0.9500 level. So far today the price has been rising and at press time is staying at 0.9485.

Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.

Since early Asian trading today, the ascending 89-hour simple moving average has been offering support for the pair.
The first target to the upside is the 0.9500 level, which was missed by just a few pips five hours ago.
The pair is trading above the MA89 and MA200 on the daily, four-hour and one-hour scales, where the MACD indicator is positive, so giving primacy to the bullish outlook. However, the MACD on the 4H chart is in divergence mode, which may push the price to the downside.
Resistances: 0.9500, 0.9525 and 0.9550.
Supports: 0.9470, 0.9445 and 0.9410.
**Start Trading in less than 60 seconds >>** 
The most profitable forex pairings on the most profitable binary options platform.

!fm[](/uploads/story/3672/usdchfh1_0407_1445h.png)

Ad

Want easy-to-follow crypto, forex & stock trading signals? Make trading simple by copying our team of pro-traders. Consistent results. Sign-up today at Invezz Signals.

Learn more
CHF Forex