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12:15 Tech on USD/CHF
Resistance 3: Chf0.9323 (January 24 high)
Resistance 2: Chf0.9292 (January 28 high)
Resistance 2: Chf0.9258 (February 19 high)
Current price: Chf0.9243
Support 1: Chf0.9222 (session low)
Support 2: Chf0.9190 (MA (200) for H1)
Support 3: Chf0.9148 (February 12 low)
Comments: As you can see, the graph H1 and H4 formed by the convergence of the indicator MACD, which signals a possible change of the direction of price movement. Also note that today the pair decreased to the support line, which may indicate that the currency can rise to the resistance line channel. However, in the medium term pair is likely to continue to decline.
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