USDCHF currently stands at the upward sloping trend line suggesting support at lower levels, further it has ended in multiple doji formations near the trend line corroborating the above evidence. RSI is rising, supporting the above observation and indicating further upside potential. It is likely that USDCHF could rise towards 0.9170 and 0.9205 while it sustains below 0.9060.
Prepared by
Technical Analysis Team
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