USDCHF on Tuesday rose 0.29% to 0.9134.ChatPips
|Week 2021-05-04||0.05%||5 Pips|
USDCHF on Tuesday rose 0.29% to 0.9134.
Updated daily direction for USDCHF is mixed as the current price action consolidate above 0.9087.
Looking ahead today, with the uncertainty in the price action yesterday we prefer to look at last high of 0.9161 as immediate resistance level and the week low of 0.9087 as important support level. USDCHF need to break on either side to indicate any strong bias. A break above 0.9161 would suggest bullish bias after last few days positive movement.
Updated weekly direction for USDCHF is mixed as the current price action remain uncertain due to trader indecisiveness.