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USDCHF: low order
2022-12-22
1106
Fundamental analysis:
USD/CHF remained volatile around 0.92668. Swiss government: Switzerland included 141 individuals and 49 Russian companies on the sanctions list.
US dollar Swiss franc USDCHF - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: the low level is in a narrow range, and the market is still bearish, and it may remain weak in the short term.
Long-short turning point: 0.92702
Suppression: 0.92879, 0.93034
Support: 0.92489, 0.92344
Trading strategy: bearish below 0.92702, target 0.92489, 0.92344
Alternative strategy: Bullish above 0.92702, target 0.92879, 0.93034
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
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