FX.co ★ blaise.rogahn | USD/CHF

USDCHF The pair has had various directions since the beginning of the day and continues to stay within a horizontal channel on the H4 chart. The MACD indicator is in the positive zone with no signals observed, while the MA arrow indicates an upward price movement. In this situation, there is a presumption that selling still remains a priority, and after the completion of the corrective movement towards the level of 0.8859, the decline will resume. In that case, the franc can be expected at the level of 0.8807, and after a breakout, it may head towards around 0.8756.