Everyday analysis of USD/CHF for March 8, 2018 888011000 110888 USD/CHFThis set has started going upwards, checking the resistance level at 0.9450. As soon as the resistance level is breached to the upside, another resistance level at 0.9500 would be checked, and that one could be breached to the advantage too, prior to completion of this week. The long expected breakout has actually occurred, though slow. The EMA 11 is above the EMA 56, and the Williams’% Variety period 20 remains in the overbought region. There is a Bullish Verification Pattern in the 4-hour chart, which points to more bullishness in the market, The material has been provided by InstaForex Company -www.instaforex.com

By | March 8, 2018

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