During the trading hours yesterday, the US dollar raised its value from 0.9380 CHF to 0.9500 CHF. This morning the currency pair is trading at 0.9480-0.9520 CHF.
According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9515-0.9530 CHF, the aim will be reaching and testing the zone 0.9550-0.9565 CHF. If it is successful, the upward trend will continue to 0.9580-0.9595 CHF. If USD drops below the support levels at 0.9500-0.9485 CHF, it will try to find a next support at 0.9470-0.9450 CHF. In case of breaking down, the downward trend will continue to 0.9430-0.9410 CHF.
Source: http://www.trading212.com/en/Financial-Analyses/2015-02-20/
