The breakout of USD/CHF through the support line of a Flag could be a sign of the road ahead. If this breakout persists, we expect the price of USD/CHF to test 0.9905 within the next 15 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
ARTÍCULOS RELACIONADOS
Could 6 consecutive daily bearish candles on EURCHF be a sign of things to come?
EURCHF has experienced an unusual quantity of bearish candles on the Daily timeframe. This is in the 0.949999988079071…
A possible move on AUDCAD as it heads towards resistance
AUDCAD was identified at around 0.895865 having recently rebounded of the support on the 4 hour data interval.…
Will AUDJPY break through the support level it tested before?
AUDJPY is en route to a very important line that will be a definite deciding factor of what…