Technical analysis of USD/CHF for May 16, 2017

Overview: The USD/CHF pair dropped down from the levels of 0.994 and 1.0044 in order to bottom at the point of 0.9960. Today, the pair is trading above its pivot point. It is likely to trade in a higher range as long as it remains above the level of 0.9882. Hence, the major support was […]