Technical Analysis of the USDCHF Currency Pair; Dec 11, 2022

admin 12 December 2022

Last week the price fluctuated in a neutral trend. Breaking the important levels indicated below may determine the continuation of the trend of this currency pair, but from the general point of view, the trend of this currency pair remains bearish.

USDCHF (Close Price Last week is 0.93463)

(0.91019, 0.91943, 0.93629, 0.94597, 0.97416, 0.98676, 1.00505)

USDCHF Fibonacci Pivot Point Level

These levels are one of the most important tools for traders, created based on market fluctuations and the closing and opening levels of candles in different time frames. The levels that exist in the 4-hour time frame are usually used by traders for daily trades, and it is possible to change them during the coming week due to market fluctuations. More and also the failure of the previous levels.

Time Frame	S3	S2	S1	PP	R1	R2	R3
H	0.9329	0.9335	0.9339	0.9345	0.9351	0.9355	0.9361
4H	0.9288	0.9306	0.9316	0.9333	0.9351	0.9361	0.9378
Daily	0.9295	0.9327	0.9346	0.9378	0.9410	0.9429	0.9461
Weekly	0.9193	0.9278	0.9330	0.9414	0.9499	0.9551	0.9635
Monthly	0.8863	0.9165	0.9351	0.9653	0.9955	1.0141	1.0443

USDCHF Fibonacci Pivot Point Level

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