Thursday, November 26, 2015

USDCHF above resistance

The pair is trading higher in today's trading session witnessing a lot of bulls giving rise to prices. With an opening price of just below 1.0200 USDCHF made a high of 1.0247 thus far for the day.

Expectations are that prices will continue to gain. So far we are witnessing a 7th consecutive day in which prices are trading above the resistance.

Sentiment remains strongly bullish and if we get above the 1.0250 level price may want to try and top 1.0300.

Chart: USDCHF D1


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