USD/CHF Opened The Asian Session With a 40-pip Upside

USD / CHF opened the Asian session, with a price increase of 40 pip gap from 0.9100, up from 0.9061 Friday close. At the time of writing, the pair is almost insensitive to opening price is s, as quoted in the 0.9110 area.

The Bull, "A rise above 0.9183 resistance would tend to short-term outlook to positive, pointing to 0.9290, the high April 6, then 0.9340, the high-April 1. A extent of the rise would target 0.9370, the highest March 9, and then 0.9506, 22 February high, "said Jerry Tan of Dow Jones.

A low, Mr. Tan suspects "a drop below 0.8916 support turn the negative short-term prospects, pointing to the 200 days moving average, now reaching 0.8790. An extension of the fall would target 0.8646, the September 15 low reaction, and then 0.8536, on 07 September under. "