USD/CHF has broken through a line of 0.9904. If this breakout holds true, we expect the price of USD/CHF to test 0.9919 within the next 12 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.
Related Posts
NZDUSD experienced 9 consecutive daily bullish candles to reach a price of 0.5960
After posting 9 consecutive bullish candles in 13 days, you may start considering where NZDUSD is heading next,…
AUDUSD experienced a very large 13 days bullish move to 0.638975
Those of you that are trend followers are probably eagerly watching AUDUSD to see if its latest 4.18%…
EURCHF is quickly approaching the support line of a Triangle. We expect either a breakout through this line or a rebound.
A Triangle pattern was identified on EURCHF at 0.9297, creating an expectation that it may move to the…