For the past week, the USDCHF currency pair has shown the rapid growth by 2,5%.
The attempt to move above 0.9342 has ended in the “Doji star” formation, a signal to the reversal.
The relevant target will be the pullback to 0.918.
Then will be a strong level of the support of 0.91, under the upturn of the dollar rates, its overcoming is viewed improbable.
This content is for informational purposes only and is not intended to be investing advice.
