USD CHF Trading over the handle in Forex market
9/11/2017 2:34:42 PM
The USD/CHF pair has now recovered all of its Friday's harsh losses to over two-year lows and now trading just over the key 0.9503 psychological mark.
A follow through buying interest has the possible to keep on arising the pair towards 0.9522-32 persistence area on the way 0.9552-64 horizontal persistence.
On the other hand, 0.9483 level now appears to protect immediate downside, which if broken might drag the pair back towards 0.9445-33 support ahead of the 0.9422 level and the 0.9403 handle.
FOREX market analysis by FxErvin.