USD/JPY rose to the resistance of the 50-week MA at 106.00. The pair is not at the resistance line since the end of December.
USD/CHF: pick your entry level
Information is not investment advice
In April, USD/CHF broke above the resistance line connecting 2018 and 2019 highs in the 1.0130 area. This was a significant resistance and now will be significant support. The pair may find demand around 1.0300 and then turn up to 1.0250 and 1.03. Here are 2 trade ideas: one involving buying at lower levels and another buying on the break higher.
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