USDCHF trades to the highest level since July 7

BY admin admin

Takes out Monday high at 0.9437
The price of USDCHF has traded to the highest level since July 7th after trading above the Monday high of 0.9437. The next target comes against the 50% retracement of the move down from the June 30 high at the 0.94467 level.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

China’s Mild Inflation Paves Way for Further PBOC Easing

<p>Headline CPI eased to +1% y/y in July from +1.1% a month ago. From a month ago, inflation rose +5.3%, compared with +1.8% in June. This suggests that the slowdown in the year-over-year data w

Forex

Top Lesson of 2023 – Discipline is Paramount in Rapidly Changing Markets

Trading in forex or other financial assets necessitates a steadfast commitment to a carefully devised plan and effective risk management.

Forex

The US House approved a bill to further child tax credit, extend some business tax credits

<p>This is effectively more economic stimulus, around $79 bln in tax benefits:</p><ul><li> makes it easier for more families to qualify for the child tax credit, while increasi

Copyright © 2024 | WordPress Theme: Xews Lite