USD/CHF has broken through the resistance line of a Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 2 days and suggests a possible target level to be around 0.9181 within the next 7 hours.
ARTÍCULOS RELACIONADOS
A final push possible on AUDUSD as it starts approaching a price line of 0.6538.
AUDUSD is moving towards a key resistance level at 0.6538. AUDUSD has previously tested this level 3 times…
EURUSD is quickly approaching the resistance line of a Rising Wedge. We expect either a breakout through this line or a rebound.
The movement of EURUSD towards the resistance line of a Rising Wedge is yet another test of the…
USDCAD is currently testing a level of 1.3666. Will the breakout continue or will things reverse?
The breakout of USDCAD through the 1.3666 price line is a breach of an important psychological price that…