20:38 USD/CHF continues to decline, remaining below the MA (200).
During the European session, USD/CHF is trading with a decline, almost reaching the minimum on January 8 (Chf0. 9665), after it failed to break the level of the moving average MA (200) H1 (Chf0.9715). Yesterday, the pair also traded down from Chf0. 9735 to Chf0.9695. Note that on the four-hour chart, USD/CHF is significantly lower than MA (200) H4 (Chf0. 9820).
⦁ Resistance levels are at: Chf0.9715-35, Chf0.9760, Chf0.9800
⦁ Support levels are at: Chf0.9645-65, Chf0.9620, Chf0.9575
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|remaining time till the new event being published|
- Canada adds 952,900 new jobs in June; unemployment rate decreases to 12.3 percent
- U.S. PPI unexpectedly declines in June
- IEA raises 2020 oil demand forecast
- Key events for next week: UK GDP; US, UK and New Zealand consumer price index; Bank of Japan, Bank of Canada and ECB interest rate decision, Australia unemployment rate