• NSFX
• >
• Technical Analysis Reviews
• >
• USD/CHF – 100-week SMA in focus.

High:  Low: 

The pair closed below the 100-week SMA for the first time since January this year, and the question is now whether we will see a follow-through or not. On a daily basis, the pair managed on Friday a close above the 76.4% Fibo retracement in the recent wave at 0.9278, which, along with overbought Stochastics, could show a re-bound higher. Support at 0.9278 before 0.9263 and resistance at 0.9322 before the 200-day SMA at 0.9350.