USDCHF on Thursday rose 0.43% to 0.90313. What we know.

USDCHF Analysis

Performance after Thursday
Period	Pct	Chg	Momentum
Thursday	0.43%	38.8 Pips
Week to-date	0.48%	43.3 Pips
November	-0.74%	-67.2 Pips

Upcoming key events (London Time)

Fri 03:00 PM USD Michigan Index of Consumer Sentiment

What happened lately

No major activities.

What can we expect from USDCHF today?

USDCHF on Thursday rose 0.43% to 0.90313. Price is above 9-Day EMA while Stochastic is rising.

Updated daily direction for USDCHF looks bullish as the pair ended higher after Thursday trading session.

Looking ahead for the day, immediate upside resistance level is R1 at 0.90527 with break above could target R2 at 0.9074 or figure level area. While towards the downside, we are looking at daily low of 0.89868 as an important support. Break below this level could weaken the current bullish momentum. A break above 0.90411 may suggest continuation after recent positive movement.

For the week to-date, take note that USDCHF is mixed as compared to the prior week.

Key levels to watch out:

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