USD/CHF rose sharply for 20 days – which is an excessively big movement for this instrument; exceeding the 98% of past price moves. Even if this move is a sign of a new trend in USD/CHF there is a chance that we will witness a correction, no matter how brief.
Related Posts
Breach of 154.9730 could mean a start of a bullish trend on USD/JPY
The price of USD/JPY in heading in the direction of 157.6716. Despite the recent breakout through 154.9730 it…
Breach of 1.3703 could mean a start of a bullish trend on USD/CAD
USD/CAD has broken through 1.3703 which it has tested numerous times in the past. We have seen it…
Bulls aim for 1.0728 after the EUR/USD triggered a bearish formation on the 1 hour chart
EUR/USD moved through the support line of a Triangle at 1.0764983582089553 on the 1 hour chart. This line…