USD/CHF has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 0.9740 may materialize within the next 2 days.
ARTÍCULOS RELACIONADOS
If you’re long USD/CAD you should be aware of the rapidly approaching level of 1.3607
USD/CAD is moving towards a key support level at 1.3607. This is a previously tested level for USD/CAD.…
Supports and resistances are primary concepts of technical analysis. GBP/USD is heading for an important price of 1.2774 – read about what this could mean for the future.
GBP/USD is about to retest a key horizontal resistance level near 1.2774. It has tested this level 4…
We expect a 118 pip movement on USDJPY for the next 12 hours.
Based on the last 12 GDP Growth Rate QoQ events in Canada, we may expect USDJPY to trend…