The price of USD/CHF in heading in the direction of 0.8388. Despite the recent breakout through 0.8441 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.
Related Posts
EURAUD is approaching a resistance line of a Channel Up. It has touched this line numerous times in the last 3 days.
Emerging Channel Up pattern in its final wave was identified on the EURAUD 30 Minutes chart. After a…
Important price line breached by GBPCHF. This price has been tested numerous times before.
GBPCHF has broken through a support line. It has touched this line numerous times in the last 13…
EURJPY – approaching a resistance line that has been previously tested at least twice in the past
EURJPY is moving towards a resistance line. Because we have seen it retrace from this line before, we…