USD/CHF

usdchfdaily

 

 

Current rate –  1.03095              S1 – 1.02861                   R1  – 1.03035

 

The Swissie set a new 5-year high and it place above 38.20% of the fib extension. Cheap commodities and strong bullish dollar are pushing some of the correlated pairs higher.

The StochasticRSI just went out from the overbought zone.

USD-BULLISH    CHF-NEUTRAL

Strategy – Long . 

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