Thursday, October 15, 2026

Technicals

Add as a preferred source on Google

USD/CHF breaks major trend line resistance, targets 1.0300/1.0330

Major resistance - 1.0170 (trend line joining 1.01980 and 1.01894) The pair has broken major resistance 1.0170 and jumped till 1.02250. It is currently trading around 1.0200. Short term trend is bullish as long as suppor…

By Lis Howell
1 min read
USD/CHF breaks major trend line resistance, targets 1.0300/1.0330
Image from the original EconoTimes article

Read the original article

  • Major resistance - 1.0170 (trend line joining 1.01980 and 1.01894)
     
  • The pair has broken major resistance 1.0170 and jumped till 1.02250. It is currently trading around 1.0200.
     
  • Short term trend is bullish as long as support 1.0140 (7 day EMA) holds. Any break below 1.0140 will drag the pair down till 1.0100/1.005.
     
  • On the higher side resistance is around 1.0225 and break above 1.0225 will take the pair till 1.0255/1.0300/1.0335.

It is good to buy at dips around 1.0190 with SL around 1.0140 for the TP of 1.0255/1.0300

 

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team