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Technical Analysis
Technical Analysis by RoboForex
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[QUOTE="Vlad RF, post: 239027, member: 61796"] [B][SIZE=5]USDCHF strengthens amid a decline in Switzerland’s PMI[/SIZE][/B] The USDCHF rate is advancing towards the 0.8905 resistance level. Discover more in our analysis for 3 December 2024. [B]USDCHF technical analysis[/B] The USDCHF H4 chart shows that the market has completed a growth wave, reaching 0.8855. A consolidation range is forming around this level today, 3 December 2024. With an upward breakout, the growth wave could extend towards 0.8910, potentially continuing towards 0.8989. [ATTACH type="full"]30526[/ATTACH] The USDCHF rate continues to strengthen amid expectations of robust US economic statistics and geopolitical risks stemming from Trump’s statements. Read more - [url=https://roboforex.com/beginners/analytics/forex-forecast/currencies/usd-chf-forecast-2024-12-03/?utm_source=earnforex.com&utm_medium=listing&utm_campaign=rf_en_analytics&utm_content=externalforums+text]USDCHF Forecast[/url] [B][I]Attention![/I][/B] [I]Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.[/I] [B]Sincerely, The RoboForex Team[/B] [/QUOTE]
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