FX.co ★ Technical analysis of USD/CHF

USD/CHF:

The chart shows the movement of #USD/CHF on the daily (D1) chart.

Trading in recent days has been in the range of 0.9925 - 1.0002.

The key resistance level of 1.0002 may predetermine the further dynamics of the pair in the next 2-3 days.

In the event of a breakdown of the resistance level, there will be an inevitable price increase towards 1.0214.

Otherwise, as calculations show, the the trend will change direction after October 19.

Good luck!