USDCHF 9.1.2025

Technical Analysis
Thursday, January 09, 2025 - 13:30
Point Trader Group

General Trend:

The recent strong upward trend is evident, with prices continuously rising and surpassing previous resistance levels. The primary support at 0.8980 appears strong at the moment.

Expected Scenarios:

Bullish Scenario:

The ongoing bullish movement could push the price to test the resistance at 0.9242. If this level is breached, the next target will be 0.9315.

Bearish Scenario:

If the price faces strong rejection at the 0.9242 resistance level, it could retreat to test the support at 0.8980.

Key Levels:

Resistances: 0.9242 - 0.9315

Supports: 0.8980 - 0.8900

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.


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