USD/CHF Analysis 22 ,May 2015

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USD/CHF Analysis 22 ,May 2015

Source: ACFX Broker

The intraday technical outlook

Thursday USDCHF closed the day unchanged.

This morning I am monitoring the price action for a test of the 0.9340 level.

Alternatively a failure to sustain a move lower could see USDCHF test the 0.9385 level.

From a technical perspective USDCHF is trading in an intraday 1 hour up trend with the line of control at the 0.9250 level.

USD/CHF Chart

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