The USD/CHF pair had a very quiet session, but it does look like we have stabilized. After all, the market fell rather drastically during the Wednesday
The USD/CHF pair had a very quiet session, but it does look like we have stabilized. After all, the market fell rather drastically during the Wednesday session, but you can see it did get a bit of a bounce later in that very same day. Because of this, it makes sense that the market should continue to go higher given enough time. We are buyers on supportive candles and a move above the recent high, and have no interest whatsoever in selling as we believe there is massive support somewhere near the 0.96 handle.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
