USD/CHF Presses Above 0.81115 with Trend in Focus

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USD/CHF Presses Above 0.81115 with Trend in Focus

Research preview

USDCHF Hourly, Daily And Weekly Candle Charts USDCHF is trading near 0.80991 against the daily pivot at 0.80813, so the chart set below separates the intraday reaction from the daily close and the wider weekly position. USDCHF H1 candlestick chartAcross the hourly tape with price near 0.80991 has a constructive tilt if the next retest holds. The price-action test is sellers closed the latest candle below its open inside a 0.80973-0.81057 candle range, the recent sequence is still pressing higher, while price remains above pivot 0.80813. The trade idea needs the next hourly close should either defend the reaction zone or expose a false start; In relation to invalidation, a...

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