The movement of USD/CHF towards 0.9968 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 20 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
Related Posts
Supports and resistances are primary concepts of technical analysis. USD/CAD is heading for an important price of 1.3685 – read about what this could mean for the future.
USD/CAD is en route to a very important line that will be a definite deciding factor of what…
Big movement possible on AUD/USD after a breach of 0.6674
The breakout of AUD/USD through the 0.6674 price line is a breach of an important psychological price that…
NZD/USD experienced a very large 17 days bullish move to 0.61289
NZD/USD has moved higher by 4.28% from 0.58776 to 0.61289 in the last 17 days.