Currency Analyst since 2010

MS: USD/CHF bulls

USD/CHF recoiled up from the bottom of the daily Ichimoku Cloud and 55-day MA.

Morgan Stanley set USD/CHF buy limit at 0.9150, with a stop at 0.9080, and a target at 0.9400. Note that there’s still resistance of the 100-day MA at 0.9230 to break, but the specialists are optimistic.  

Chart. Daily USD/CHF

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