The USD/CHF pair broke higher during the course of the session on Friday, breaking above the parity level. That of course is a very bullish sign, so
The USD/CHF pair broke higher during the course of the session on Friday, breaking above the parity level. That of course is a very bullish sign, so having said that it’s only a matter of time before we continue to go much higher. We believe that the market will eventually go much higher given enough time, and the pullbacks continue to be buying opportunities now that we have broken above this rather significant resistance barrier. We believe that support runs all the way down to the 0.98 handle at the very least.
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.
