Market Analysis: EUR/USD Corrects Gains While USD/CHF Signals Upside Break

EUR/USD started a downside correction from the 1.1070 resistance. USD/CHF is rising and might aim for more gains above the 0.8930 resistance. Important Takeaways for EUR/USD and USD/CHF· The Euro started a fresh decline from the 1.1070 resistance against the US Dollar. · There
EUR/USD started a downside correction from the 1.1070 resistance. USD/CHF is rising and might aim for more gains above the 0.8930 resistance. Important Takeaways for EUR/USD and USD/CHF · The Euro started a fresh decline from the 1.1070 resistance against the US Dollar. · There is a key bullish trend line forming with support near 1.0970 on the hourly chart of EUR/USD at FXOpen. · USD/CHF started a fresh increase above the 0.8900 resistance zone. · There was a break above a major bearish tre

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USD/CHF - Daily - Technical analysis published on 08/22/2023 (GMT)