The breakout of USD/CHF through the 0.9906 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of USD/CHF to test 0.9865 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
ARTÍCULOS RELACIONADOS
AUDJPY is approaching a support line of a Channel Down. It has touched this line numerous times in the last 14 days.
An emerging Channel Down has been detected on AUDJPY on the 4 hour chart. There is a possible…
Is the extremely large movement on EURCAD a sign of things to come?
Those of you that are trend followers are probably eagerly watching EURCAD to see if its latest 1.15%…
Important price line breached by EURUSD. This price has been tested numerous times before.
EURUSD is once again retesting a key horizontal resistance level at 1.0421. It has tested this level 3…