The movement of USD/CHF towards 0.9968 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 20 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
Related Posts
NZD/USD experienced a very large 17 days bullish move to 0.61289
NZD/USD has moved higher by 4.28% from 0.58776 to 0.61289 in the last 17 days.
USD/CHF is approaching 0.9089. We expect either a breakout through this line, or a rebound.
USD/CHF is moving towards a resistance line. Because we have seen it retrace from this level in the…
After trying numerous times in the past, USD/JPY finally breaks 154.9650!
A strong support level has been breached at 154.9650 on the 4 hour USD/JPY chart. Technical Analysis theory…