Forex Trader

In my last USD/CHF analysis from March 31. I have predicted fall to the support level at 0.9475/500, after wich the buyers should take over and push the pair up to 0.9800 and here is the result. The pair slided over the support trendline for a week until it didn’t touch 0.9500, where the buyers were ready and in the last two weeks they have reached 0.9770 high today. This could be a strong resistance here at 0.9820/40, where the daily MA200 is placed as well, but it could be tested all the way to 0.9900.