USD/CHF is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 6 days and may test it again within the next 19 hours.
Related Posts
After testing 1.2571 numerous times, GBP/USD has finally broken through. Can we expect a bullish trend to follow?
GBP/USD is once again retesting a key horizontal resistance level at 1.2571. It has tested this level 4…
AUD/USD keeps moving closer towards 0.6630. Will it finally breach this level?
AUD/USD is about to retest a key horizontal resistance level near 0.6630. It has tested this level 4…
We expect EURUSD to trend downwards right now.
Based on the last 12 PPI MoM events in United States, we could see a 90 pip movement…