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USD/CHF Another Leg Higher
The USD/CHF increased and is trying to recover after the last downside movement.Is trading in the green and looks determined to resume the Friday’s bullish candle. Price was rejected by a strong dynamic support and now is approaching an important dynamic resistance. However, we may still need a confirmation that will increase further in the upcoming period. USD/CHF increased as the USDX is trading in the green after the Friday’s drop. The dollar index stays right below a dynamic resistance and below the 93.81 static resistance, only a valid breakout above these levels will confirm a large rebound. We have a poor ... (full story)