Swiss franc-The US dollar weakens to touch the 0.90 points, pay attention to the Swiss interest rate meeting within the day

The US dollar is weak and falls to the 0.90 points, pay attention to the Swiss interest rate meeting within the day

USD/CHF trend, the technical chart shows that RSI and stochastic indicators are falling from the overbought area, while the exchange rate has been under the 0.94 level for many times since late December last year, and has not made a clear breakout after repeated attempts in the near future It is expected that USD/CHF will have adjustment pressure. The lowest support firstly looks back at the low of 0.9058 in early February and even the 0.90 points, and the next level points to the 0.88 level. As for the upward resistance, we will continue to pay attention to the 0.94 level, and the greatest resistance is expected to be the 250-day moving average at 0.9565 or even the 0.98 level.

This week's news:
Swiss government orders cap on Credit Suisse bonus payments

Focus:
Thursday: SNB rate decision (16:30)

Estimated volatility:
Resistance 0.9400* -0.9565 - 0.9800
Support 0.9058 - 0.9000 - 0.8800

Any questions? contact our professional analysis team