The price of USD/CHF in heading in the direction of 0.8666. Despite the recent breakout through 0.8580 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
AUDCAD has broken through a support line. It has touched this line numerous times in the last 17 days.
A strong support level has been breached at 0.8925 on the 4 hour AUDCAD chart. Technical Analysis theory…
Resistance line breached by GBPCHF. This price has been tested at least twice before.
GBPCHF has broken through the resistance line of a Channel Down technical chart pattern. Because we have seen…
If USDCAD touches 1.3644 it may be time to take action.
USDCAD is moving towards a support line. Because we have seen it retrace from this level in the…