USDCHF 24 Daily Analysis

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Dollar / franc remain bullish momentum yesterday, formed a peak of 0.9573 and closed at 0.9543. The bias remains bullish in nearest term testing 0.9600. Clear break and daily close above this area can cause ascending scenario testing 0.9700-0.9800. Support for the day is 0.9500. Break below this level could lead to price in the neutral zone testing 0.9462 but generally stay up for this couple and prefer long positions in the lows.

 

chf240512 USDCHF 24 Daily Analysis


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