#USDCHF @ 0.92600 The US Dollar strengthens across the FX space, a tailwind for the . (Pivot Orderbook analysis)

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• The US Dollar strengthens across the FX space, a tailwind for the USD/CHF.
• USD/CHF Price Analysis: Shifted to neutral biased once buyers hurdle the 20-DMA.

The pair currently trades last at 0.92600.

The previous day high was 0.914 while the previous day low was 0.9059. The daily 38.2% Fib levels comes at 0.9109, expected to provide support. Similarly, the daily 61.8% fib level is at 0.909, expected to provide support.

The USD/CHF is surging sharply during Friday’s North American session, as Wall Street is set to finish the last trading day of the week with losses. Therefore, the USD/CHF is trading at 0.9260, above its opening price by 1.42%.

On Friday, the USD/CHF rally broke two downslope resistance trendlines, which would pave the way for further losses. In addition, the 20-day Exponential Moving Average (EMA) at 0.9210 was reclaimed during the uptrend, exposing crucial resistance levels, which, once cleared it, could pave the way for further gains.

The USD/CHF first resistance will be the January 31 daily high at 0.9288. A breach of the latter and the 0.9307, the 50-day EMA is up for grabs., followed by January’s 12 high at 0.9360.

On the flip side, the USD/CHF first support would be the 20-day EMA at 0.9210. Bears reclaiming the latter would exacerbate a fall below 0.9200, followed by the February 3 daily low at 0.9112.

Technical Levels: Supports and Resistances

USDCHF currently trading at 0.9263 at the time of writing. Pair opened at 0.9135 and is trading with a change of 1.4 % .

The pair is trading above its 20 Daily moving average @ 0.9213, below its 50 Daily moving average @ 0.9292 , below its 100 Daily moving average @ 0.9552 and below its 200 Daily moving average @ 0.9622

The previous day high was 0.914 while the previous day low was 0.9059. The daily 38.2% Fib levels comes at 0.9109, expected to provide support. Similarly, the daily 61.8% fib level is at 0.909, expected to provide support.

Note the levels of interest below:

• Pivot support is noted at 0.9083, 0.9031, 0.9003
• Pivot resistance is noted at 0.9163, 0.9191, 0.9243

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