USDCHF Price: Sellers Defend $0.92 Resistance Level

Azeez Mustapha


Unlock Daily Forex Signals

Select a Plan


1 - month



3 - month



6 - month






Separate Swing Trading Group



Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored

Service for copy trading. Our Algo automatically opens and closes trades.


The L2T Algo provides highly profitable signals with minimal risk.


24/7 cryptocurrency trading. While you sleep, we trade.


10 minute setup with substantial advantages. The manual is provided with the purchase.


79% Success rate. Our outcomes will excite you.


Up to 70 trades per month. There are more than 5 pairs available.


Monthly subscriptions begin at £58.

Sellers are dominating USDCHF market

USDCHF Price Analysis – 14 June

If the buying momentum can sustain over the $0.89 resistance level, the price can break through $0.90 and approach the $0.91 barrier levels. If sellers exert enough pressure, they can drive USDCHF past $0.88 and into the $0.87 and $0.86 zones.


Key Levels:

Resistance levels: $0.89, $0.90, $0.91

Support levels: $0.88, $0.87, $0.86

USDCHF Long-term trend: Bearish

The USDCHF daily chart is trending downward. Although not by nearly as much as $0.91, purchasers were assisted by a bull market in the USDCHF. The USDCHF market has been dominated by sellers since 01 May. The price of the currency pair got close to the $0.92 resistance level on the same day mentioned. A bearish engulfing candle pattern developed close to the previously advised level, and the price quickly dropped to $0.88, signifying a significant drop.  Two tests of the previously mentioned resistance level marked the beginning of bearish momentum.

USD/CHF currency rate, which is currently lower than it was during the Hull Suite, indicates a negative reversal impulse. Price decreases are indicated by the forex signal QQE MOD, which is tilted below the zero line. If the buying momentum can sustain over the $0.89 resistance level, the price can break through $0.90 and approach the $0.91 barrier levels. If sellers exert enough pressure, they can drive the price past $0.88 and into the $0.87 and $0.86 zones.

USDCHF Medium-term Trend: Bearish

It is clear that the USDCHF is declining in the medium run. A few weeks ago, the currency pair began to weaken as a double-top chart pattern appeared close to the $0.91 resistance level. On June 24, price dropped again to test the $0.88 support level, but it was unable to maintain the trend. It pulled back to the $0.88 mark. Right now, the price is dipping again and approaching the $0.88 mark.

The currency pair’s trading below the Hull Suite signal indicates a bearish market. sales are suggested if the QQE MOD is lower than zero.

You can purchase Lucky Block here. Buy LBLOCK

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *