USD/CHF is heading towards a price line of 0.9813 and could reach this point within the next 13 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.
Related Posts
EURAUD has broken through a support line. It has touched this line numerous times in the last 6 days.
EURAUD has broken through a support line. It has touched this line numerous times in the last 6…
USDJPY – breach of a trending support line that has been tested at least twice before.
USDJPY has broken through the support line which it has tested twice in the past. We have seen…
NZDUSD experienced a very large 34 days bearish move to 0.59631
Those of you that are trend followers are probably eagerly watching NZDUSD to see if its latest 6.02%…