Friday, October 16, 2026

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USD/CHF found support found on Thursday

Daily momentum stays positive, highlighting the upside potential Spot found support ahead of 0.9950 0.9950 - 23.6% retrace of the 0.9375 to 1.0128 up-leg Traders are long at the 1.0005 level for the 1.0235 level Traders …

By Meredith J C Warren
1 min read
USD/CHF found support found on Thursday
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  • Daily momentum stays positive, highlighting the upside potential

  • Spot found support ahead of 0.9950

  • 0.9950 - 23.6% retrace of the 0.9375 to 1.0128 up-leg

  • Traders are long at the 1.0005 level for the 1.0235 level

  • Traders stop stay at 0.9960 level - below Thursday's 0.9970 low

 

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By FxWirePro Team