USD/CHF has broken through a resistance line. It has touched this line numerous times in the last 2 days. This breakout shows a potential move to 0.8975 within the next 7 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Related Posts
After experiencing a 4.36% bullish move in the space of 32 days, nobody knows where AUD/USD is headed.
AUD/USD has experienced an exceptionally large movement higher by 4.36% from 0.64192 to 0.66993 in the last 32…
USD/CAD likely to test 1.3645 in the near future. Where to next?
A strong resistance level has been identified at 1.3645 on the 30 Minutes USD/CAD chart. USD/CAD is likely…
USD/CHF has broken out from the Rising Wedge pattern. Expect it to hit 0.9057 soon.
This trade setup on USD/CHF is formed by a period of consolidation; a period in which the price…