The movement of USD/CHF towards 0.9167 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
Related Posts
EURGBP is signaling a possible trend reversal on the intraday charts with price not breaching resistance.
An emerging Descending Triangle has been detected on EURGBP on the 1 hour chart. There is a possible…
After testing 175.4530 numerous times, CHFJPY is once again approaching this price point. Can we expect a bullish trend to follow?
CHFJPY is moving towards a resistance line. Because we have seen it retrace from this level in the…
AUDNZD is approaching a resistance line of a Rising Wedge. It has touched this line numerous times in the last 2 days.
AUDNZD is trapped in a Rising Wedge formation, implying that a breakout is Imminent. This is a great…