Daily Market Analysis 22 July 2022

Daily Market Analysis 22 July 2022

  • Market News
  • Daily Market News
  • 2022, 22 July

USD/CHF

Technical Outlook

USD/CHF continue to slide down from the recent highs of 0.9832. The pair hovers near the crucial support zone 0.9650. If break below will bring more losses.

A correction in U.S Dollar supports CHF.


Technical Indicators
Action
RSI (47) 
SELL
Oscillator (31)
SELL
MACD (Above Midline)
BUY
200 EMA (0.9472)
BUY


Strategy


Scenario 1
Scenario 2
Action
BUY
BUY
Entry
0.9670
0.9660
Target 1
0.9700
0.9690
Target 2
0.9730
0.9720
Stop Loss
0.9640
0.9630


Key Signposts

CHF: No key data

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