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
Bulls aim for 1.2540 after the GBPUSD triggered a bearish formation on the 4 hour chart
The breakout of GBPUSD through the support line of a Rising Wedge could be a sign of the…
EURAUD is quickly approaching the support line of a Channel Down. We expect either a breakout through this line or a rebound.
EURAUD is heading towards the support line of a Channel Down and could reach this point within the…
Supports and resistances are primary concepts of technical analysis. GBPJPY is heading for an important price of 192.1150 – read about what this could mean for the future.
GBPJPY is heading towards 192.1150 and could reach this point within the next 3 days. It has tested…