The breakout of USD/CHF through the 0.9309 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, USD/CHF could test 0.9335 within the next 15 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Related Posts
After testing 0.6443 numerous times, AUDUSD is once again approaching this price point. Can we expect a bearish trend to follow?
A strong support level has been identified at 0.6443 on the 30 Minutes AUDUSD chart. AUDUSD is likely…
A possible move by EURJPY towards 165.1386
This trade setup on EURJPY is formed by a period of consolidation; a period in which the price…
EURUSD keeps moving closer towards 1.1410. Will it finally breach this level?
The price of EURUSD in heading back to the support area. It is possible that it will struggle…