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USDCHF: high rise
2023-06-01
741
Fundamental analysis:
USD/CHF remained volatile around 0.91055, and Credit Suisse received a notification that the listing rules of NYSE stock prices did not comply. Credit Suisse must disclose receipt of the notice and has six months to resume compliance with the NYSE's minimum price criteria for continued listing. Credit Suisse expects the deficiencies to be rectified after UBS completes the takeover.
US dollar Swiss franc USDCHF - 4-hour K-line chart shows:
Brief technical analysis:
The 4-hour chart: the high-level bullish momentum continues to fluctuate and rise, and the short-term high level encounters resistance and shocks. The bullish sentiment remains for the first time, and the short-term trend will continue to move upward.
Resistance levels: 0.91228 0.91400
Support levels: 0.90791 0.90610
Trading strategy: Bullish above 0.90859, target 0.91228 0.91400
Alternative strategy: bearish below 0.90859, target 0.90791 0.90610
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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