Friday, October 16, 2026

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USD/CHF sees major support at 0.9553

Pair hit 0.9578 lows so far. Support located at 0.9553 0.9553 is 76.4% of 0.9375 - 1.0128 The fall in spot has broken below 0.9630, the FOMC spike low This made a double bottom with the low from March 5 Fall also took ou…

By Ian Preston
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • Pair hit 0.9578 lows so far. Support located at 0.9553

  • 0.9553 is 76.4% of 0.9375 - 1.0128

  • The fall in spot has broken below 0.9630, the FOMC spike low

  • This made a double bottom with the low from March 5

  • Fall also took out 100 DMA at 0.9601, 200 DMA is at 0.9412

 

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By FxWirePro Team