The last week, we wrote, “under Seller and buyer 0.9280/9320 to 0.9120 over 0.9330 to 0.9380 and 0.9420/9480” and finally, the USD-CHF has declined again for the support of 0.9080/70 and end the week on 0.9077.
For some time, as in other parities, we remain in a range between 8980/70 and 0.95. It seems that for now it suits many people since it ensures a certain stability over.
For us, it is convenient also because it is best to play the points of support and resistance and wait for it to go on the objectives. Nevertheless, it is certain that this situation can not continue forever and it will come out.
Continue reading USD-CHF forex analysis for the week of March 26 to 30