USDCHF: 0.8530 Should Hold Strong Before Rising Further

USDCHF: 0.8530 Should Hold Strong Before Rising Further


For the moment USDCHF is still in correction and on the bigger picture USDCHF
should rise further.

Strong support is found near the other structure zones 0.8530:

If 0.8530 stops the price USDCHF should begin a bullish wave soon.

Resistance & Target zone:

0.8912; 0.9030; 0.9105; 0.9220

You may find more details in the chart!
Thank you and Good Luck!

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Comment:

Still valid after the CPI data from Swiss

Comment:

🚨Switzerland's CPI data increased to 1.2% from the expected 1.1%.
There was a decrease of 0.1% compared to last month when inflation was 1.3%
So far all the related CHF pairs are rising and may create new highs soon after a long time.