The breakout of USD/CHF through the resistance line of a Channel Down could be a sign of the road ahead. If this breakout persists, we may see the price of USD/CHF testing 0.8940 within the next 12 hours.
Related Posts
GBPUSD is quickly approaching the support line of a Falling Wedge. We expect either a breakout through this line or a rebound.
An emerging Falling Wedge has been detected on GBPUSD on the 1 hour chart. There is a possible…
EURCHF – approaching a price line that has been previously tested numerous times in the past
EURCHF is moving towards a key support level at 0.9517. This is a previously tested level for EURCHF.…
EURCAD is quickly approaching the support line of a Channel Up. We expect either a breakout through this line or a rebound.
The movement of EURCAD towards the support line of a Channel Up is yet another test of the…