USDCHF approaching key resistance, traders eye targets on the daily and hourly charts ...Middle East

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USDCHF approaching key resistance, traders eye targets on the daily and hourly charts
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The USDCHF has moved higher this week. The low was reached on Monday. The high was reached in trading today. At session highs, the price reached the low of a swing area on the daily chart between 0.88167 and 0.8838. In trading next week, if the buyers are to take more control they would need to get above 0.8838 level.Drilling down to the hourly chart below, the 38.2% retracement of the move down from the end of October high to the December 1 low comes in at 0.8836 just two pips lower than the 0.8838 target on the daily chart. The same resistance target near 0.8838 on both the daily and the hourly chart increases at levels importance, and makes it a key barometer going into the new trading we

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