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25.04.201802:46 Forex Analysis & Reviews: Daily analysis of USD/CHF for April 25, 2018

Long-term review

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USD/CHF

The USD/CHF has continued going upwards, and bulls are still intent on pushing price upwards. The resistance level at 0.9800 is under siege (it has been tested a few times), and it would soon be breached to the upside as price goes further upwards towards the resistance levels at 0.9850 and 0.9900.

There is a Bullish Confirmation Pattern in the 4-hour chart. The EMA 11 is above the EMA 56, and the Williams' % Range period 20 is in the overbought territory. Price is expected to continue going further upwards.

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