交易新闻
24 Apr 2015
USD/CHF upside rebound likely – SG
FXStreet (Barcelona) - According to the Technical Analysts at Societe Generale, a USD/CHF rebound towards 0.9880 looks likely, and 0.9480/50 will protect any downside dips.
Key Quotes
“USD/CHF formed a monthly shooting star in March near a multi-decadal channel median and since then has pulled back towards 0.9480/50, the 23.6% retracement of the up move since January. The daily indicator is close to a support, which highlights that 0.9480/50 should cushion the downside.”
“A rebound towards 0.9880 looks more likely. 0.9880 decides if USD/CHF revisits parity.”
Key Quotes
“USD/CHF formed a monthly shooting star in March near a multi-decadal channel median and since then has pulled back towards 0.9480/50, the 23.6% retracement of the up move since January. The daily indicator is close to a support, which highlights that 0.9480/50 should cushion the downside.”
“A rebound towards 0.9880 looks more likely. 0.9880 decides if USD/CHF revisits parity.”