FBS: technical picture for USD/CHF
Tatiana Norkina, FBS analyst.
Currency pair lacked just a few pips to restore the important 0.9440 level. The bears which now adjust the rate to 0.9375 support, entered the game with the level of 0.9432 but this level still withstands their pressure.
MACD histogram shows weakening of the sales and the signal line can even form the intersection with the subsequent growth.
Therefore, if 0.9375 support will stand in the near future we will be waiting for the growth to the level of 0.9440.