USDCHF Bounces high during Forex market
2/28/2018 7:20:17 AM
The USDCHF pair sustained gaining some positive traction and was now seen improving its bullish momentum more beyond the 0.9403 handle.
Immediate persistence is fixed near 0.9454-66 area, above which the pair appears all set to dart towards reclaiming the key 0.9505 psychological mark. On the other hand, the 0.9403 handle now appears to protect the immediate downside, which if broken might turn the pair at risk to head back towards retesting the 0.9333-27 strong horizontal support.
FOREX market analysis by FxErvin.