USD/CHF: I regard the USDCHF being oversold due to the fact that price

Tian Kriek

Analyst


January 20, 2021 01:30 PM

BULLISH

Daily Trading Range:
USD/CHF: I regard the USDCHF being oversold due to the fact that price moved within 5 pips of the Weekly Fibonacci D extension at 0.8953. I expect a Fractal Low followed by a retracement. I closing all open positions on the USDCHF. Get this chart and analysis for free. Copy and Paste the following link in your browser: https://smarttrader.com/charts/tkriek/aod-ny-workspaces-20-jan/

Daily Chart

Daily Chart

Daily Support and Resistance

Resistance 3: 0.9960
Resistance 2: 1.0000
Resistance 1: 1.0300
Current Price 0.8900
Support 1: 0.9600
Support 2: 0.9500
Support 3: 0.9000

Two Hour Chart

Two Hour Chart
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