USD/CHF is heading towards a price line of 0.9951 and could reach this point within the next 2 days. 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
GBPUSD through 1.2532376923076922. Is this a confirming a breakout? Will it continue its path in the current trend toward 1.2489?
GBPUSD has broken through a support line. It has touched this line at least twice in the last…
If AUDJPY touches 97.7120 it may be time to take action.
AUDJPY is en route to a very important line that will be a definite deciding factor of what…
Is the extremely large movement on USDCAD a sign of things to come?
USDCAD has experienced an extremely big movement in last 24 days. It may continue the trend, but this…