USDCHF on Monday dropped -0.31% to 0.9667. Pair in consolidation. How it happened.
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Open High Low Close
0.96969 0.97140 0.96190 0.96670

Performance after Monday
Period Pct Chg Momentum
Monday -0.31% -30 Pips
Week to-date -0.36% -34.6 Pips
June 0.76% 73.2 Pips

Upcoming key events (London Time)

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What happened lately

No major activities.

What can we expect from USDCHF today?

USDCHF on Monday dropped -0.31% to 0.9667. Price is below 9-Day EMA while Stochastic is falling.

Updated daily direction for USDCHF looks mixed as the pair is likely to consolidate above 0.96193 (S1).

Looking ahead today, we are looking at 0.9733 or 0.97143 (R1) as important resistance level while to the downside, the daily low of 0.9619 and 0.96193 (S1) as key support levels. USDCHF need to break on either side to indicate a short-term bias. A close below 0.9619 would indicate selling pressure.

For the week to-date, take note that USDCHF is mixed as the current price action remain uncertain due to trader indecisiveness.

Key levels to watch out:

R3 0.98093
R2 0.97617
R1 0.97143
Daily Pivot 0.96667
S1 0.96193
S2 0.95717
S3 0.95243

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Last updated: 02:01 am UTC, 21-Jun 2022

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