The price of USDCHF in heading back to the support area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.
Related Posts
If EURCHF touches 0.9579 it may be time to take action.
EURCHF is moving towards a resistance line. Because we have seen it retrace from this level in the…
GBPCHF through 1.132424054054054. Is this a confirming a breakout? Will it continue its path in the current trend toward 1.1261?
The breakout of GBPCHF through the support line of a Triangle could be a sign of the road…
After experiencing a 2.87% bearish move in the space of 11 days, nobody knows where USDCHF is headed.
USDCHF hits 0.87735 after a 2.87% move spanning 11 days.