FBS: trading USD/CHF
Tatyana Norkina, FBS analyst
The pair peaked at 0.9113 yesterday, but failed to fix above this round figure. As the US players came to the market, the exchange rate started to decline, reaching the 0.9070 support.
Ichimoku. This is the H4 Kijun-sen and the H1 Senkou Span B. On the H4 the price is supported by the upper border of the rising Cloud. That's why there is a high chance to resume growth in the near term. On the H1 signals are contradictive, however: there is a dead cross together with a bullish Cloud.
Technical levels: support – 0.9060, 0.9070; resistance – 0.9095/0.9100.
1. Buy — 0.9080; SL — 0.9060; TP1 — 0.9100; TP2 — 0.9125.