US Dollar stayed strong as traders positioned themselves for the U.S. Federal Reserve to announce a tapering of its massive bond buying programme in November.
The USDCHF pair showed an upward movement above the 0.9186 main support level. As long as the pair trades above 0.9186 on a four hourly basis, we will see resistance level at 0.9322. On the other hand, If the pair drops below 0.9186, the next support level will be at 0.9064.
Support : 0.9186 - 0.9130 - 0.9064
Resistance : 0.9322 - 0.9437
12 Oct 21 (Tue)
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