{"id":157456,"date":"2023-09-17T12:41:44","date_gmt":"2023-09-17T07:11:44","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=157456"},"modified":"2023-09-17T12:41:44","modified_gmt":"2023-09-17T07:11:44","slug":"usd-chf-hovers-below-0-9000-is-a-breakout-imminent-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/usd-chf-hovers-below-0-9000-is-a-breakout-imminent-crypto-news\/","title":{"rendered":"USD\/CHF hovers below 0.9000: Is a breakout imminent? &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<ul>\n<li><strong>USD\/CHF trades at 0.8963, just shy of the key 0.9000 level, after gaining 4.50% from its year-to-date low.<\/strong><\/li>\n<li><strong>Buyers aim to reclaim the 0.9000 psychological mark and the 200-day Moving Average at 0.9039 for further upside.<\/strong><\/li>\n<li><strong>Downside risks emerge if the pair falls below the September 14 daily low of 0.8914, targeting the 0.8900 mark and the 50-DMA at 0.8774.<\/strong><\/li>\n<\/ul>\n<p>The USD\/CHF extended its gains in the week to five consecutive days and printed a new two-month high at 0.8977, yet it remains shy of reclaiming the 0.9000 figure. Nevertheless, the pair is set to continue its uptrend and challenge the 200-day Moving Average (DMA() at 0.9039 once buyers reclaim 0.9000. At the time of writing, the major is trading at 0.8963 after hitting a daily low of 0.8944.<\/p>\n<p>The daily chart portrays the pair\u2019s recovery after printing a new year-to-date (YTD) low of 0.8552. Since then, the USD\/CHF has achieved gains of 4.50% as buyers stepped in and lifted the exchange rate to current levels. Even though buyers reclaimed the 50-DMA at 0.8774, they remain shy of remaining in charge unless they reclaim the psychological 0.9000 figure, followed by the 200-DMA at 0.9039. Once those areas are cleared, the next test would be the May 31 high at 0.9147.<\/p>\n<p>Conversely, if the USD\/CHF drops below the September 14 daily low of 0.8914, that would exacerbate a challenge of the 0.8900 mark. A breach of the latter, and the pair could aim toward the current week\u2019s low of 0.8893, followed by the 50-DMA at 0.8774.<\/p>\n<h2 class=\"fxs_headline_medium\">USD\/CHF Price Action \u2013 Daily chart<\/h2>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/image-638303989696431604.png\"><\/a><\/p>\n<h3 class=\"fxs_headline_medium\">USD\/CHF Technical Levels<\/h3>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: USD\/CHF trades at 0.8963, just shy of the key 0.9000 level, after gaining 4.50% from its year-to-date low. Buyers aim to reclaim the 0.9000 psychological mark and the 200-day Moving Average at 0.9039 for further upside. Downside risks emerge if the pair falls below the September 14 daily low of 0.8914, targeting the 0.8900 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6243,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,276,255,250,277,252,247,253,249,308,597,256,254],"class_list":["post-157456","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-currencies","tag-gta","tag-looks-rare","tag-majors","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-technical-analysis","tag-usdchf","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/157456","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=157456"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/157456\/revisions"}],"predecessor-version":[{"id":157457,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/157456\/revisions\/157457"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/6243"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=157456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=157456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=157456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}