The movement of USD/CHF towards 0.9167 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
Related Posts
If you’re short CHFJPY you should be aware of the rapidly approaching level of 175.1540
CHFJPY is moving towards a resistance line. Because we have seen it retrace from this level in the…
A possible move on GBPUSD as it heads towards resistance
GBPUSD is heading towards the resistance line of a Channel Up and could reach this point within the…
AUDCAD – approaching a price line that has been previously tested numerous times in the past
AUDCAD is heading towards 0.8914 and could reach this point within the next 2 days. It has tested…