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