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Meirui: strong upward
2022-07-06
1081
Fundamental analysis:
The dollar continued to rise to around 0.96721 against the Swiss franc, with new clues coming from Europe about the global economic recession. However, during the economic crisis (such as the economic recession), the Swiss franc is regarded as a safe way to avoid value risk.
USD CHF USDCHF - 4-hour K-line chart shows:
Technical analysis:
According to the 4-hour chart: the low level is maintained in the Bollinger belt index channel, the middle and upper rail range continues to fluctuate and rise, and the high level continues to move upward after breaking through the nodes near the upper rail. The MACD index hovers weakly above the 0 axis, and the RSI index is in 50 balanced narrow range sorting on the online side;
Multi empty turning point: 0.96483
Pressing position: 0.97097, 0.97495
Support position: 0.96119, 0.95622
Trading strategy: bullish above 0.96483, target 0.97097, 0.97495
Alternative strategy: bearish below 0.96483, target 0.96119, 0.95622
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
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