USD/CHF Price Analysis: Move beyond 0.9200 mark to pave the way for further gains

Описание: USD #CHF Price Analysis Move beyond 0.9200 mark to pave the way for further gains
http://ntvforex.com/news/?id=488312. . 5 minutes ago . By Haresh Menghani #USD #CHF gained traction for the third consecutive session on Tuesday. The set up favours bulls and supports prospects for additional gains. Dip buying should help limit the downside near the 0.9080 support. The #USD #CHF pair edged higher for the third consecutive session on Tuesday and climbed to two week tops, around the 0.9175 region during the early European session. Given that the pair has now moved back above 50 day SMA, for the first time since late May, the near term bias might have already shifted in favour of bullish traders. The constructive outlook is further reinforced by the fact that oscillators on the daily chart have just started moving into the positive territory. That said, bulls might still need to wait for a sustained strength beyond the 0.7200 mark before positioning for any further appreciating move. The pair ...