Thursday, October 15, 2026

Technicals

Add as a preferred source on Google

USD/CHF breaks minor trend line support, dip till 1.02000 likely

Major support – 1.02800 (trend line joining 1.00834 and 1.02217). Major Resistance – 1.03435 USD/CHF breaks below 1.02800 today Asian session and declined till 1.02657. It is currently trading around 1.02657. Short term …

By FxWirePro Team
1 min read
USD/CHF breaks minor trend line support, dip till 1.02000 likely
Image from the original EconoTimes article

Read the original article

  • Major support – 1.02800 (trend line joining 1.00834 and 1.02217).
     
  • Major Resistance – 1.03435
     
  • USD/CHF breaks below 1.02800 today Asian session and declined till 1.02657. It is currently trading around 1.02657.
     
  • Short term trend is weak as long as resistance 1.03450 holds.
     
  • On the lower side, any break below 1.02800 will drag the pair down till 1.0220/1.01828 (61.8% retracement of 1.00834 and 1.03435)/1.0150.
     
  • The temporary top formed at 1.03435 will be acting as major resistance and any break above will take the pair till 1.0400 level.

    It is good to sell on rallies around 1.02750-1.02770 with SL around 1.0345 for the TP of  1.0180/1.01500.   

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