CHF Swiss franc – Swiss franc weakness tests 0.90 mark

USD/CHF trend, technical chart, RSI and stochastic index continue to rise, and the exchange rate is hitting the 0.90 mark, so short-term attention should be paid. If this mark is also broken, it is estimated that USD/CHF will see another Extend a new wave of upward trend. Subsequent resistance is expected to be at 0.9050 and 0.91, with further reference to 0.9160 and even the May 1 high of 0.9224. As for the near-term support, it is expected to be at 0.89 and the 50-day moving average of 0.8770, and the larger support is expected to be at 0.8610 and 0.85 levels.

Estimated range:
Resistance 0.9000* – 0.9050 – 0.9100 – 0.9160 – 0.9224
Support 0.8900 - 0.8770 – 0.8610 - 0.8500

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