|Week 2022-06-07||1.29%||124 Pips|
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Tuesday 01:30 PM USD Goods and Services Trade Balance in April rose to -87.08$ compared to previous figure -107.7 (revised from -109.8)$. Source
What Can We Expect From USDCHF Today?
USDCHF on Tuesday rose 0.29% to 0.9732. Price is above 9-Day EMA. Stochastic is rising.
Updated daily direction for USDCHF is bullish as the pair ended higher after Tuesday trading session.
Looking ahead today, immediate upside resistance level at 0.9779. On the downside, we are looking at daily low of 0.9700 as an important support for the current bullish momentum. Break below this level could cast uncertainty to the price direction.
Updated weekly direction for USDCHF is bullish as the pair continued to trade higher in the past few days.