USD/CHF Technical Analysis: Forecasting Price Movements

Tuesday, 1 October 2024, 04:32

USD/CHF technical analysis indicates a potential upward trajectory. A break above the 0.8480 resistance could see the price target around 0.8517, and possibly the range ceiling at 0.8539. Understanding these levels is crucial for traders. This analysis outlines critical price movements.
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USD/CHF Technical Analysis: Forecasting Price Movements

USD/CHF Technical Analysis: Key Resistance Levels

With the USD/CHF pair showing signs of strength, technical analysis points to various critical resistance levels. A decisive move above 0.8480 could propel the currency pair closer to 0.8517, representing the highs from September 23 and 26.

Potential Price Targets

  • Current High: 0.8480
  • First Target: 0.8517
  • Range Ceiling: 0.8539

These price levels are instrumental for traders looking to position themselves in the market. Monitoring these points will provide insights for taking advantage of potential movements.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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