Technical analysis of USD/CHF for August 01, 2017

Overview: The USD/CHF pair broke resistance which turned to a strong support at the level of 0.9579 last week. The price of 0.9579 coincides with 38.2% of Fibonacci, which is expected to act as a major support today. Since the trend is above the 38.2% Fibonacci level, the market is still in an uptrend. From […]