USD/CHF has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true, we may see the price of USD/CHF testing 0.9324 within the next 8 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.
Related Posts
After testing the resistance line numerous times, NZDUSD is once again approaching this line. Can we expect a bullish trend to follow?
NZDUSD is approaching the resistance line of a Channel Up. It has touched this line numerous times in…
It’s time to make a decision on GBPUSD – its recent breach of 1.2556 could be a sign of a new trend to follow.
GBPUSD has broken through a line of 1.2556. If this breakout holds true, we could see the price…
After experiencing a 4.11% bullish move in the space of 32 days, nobody knows where EURAUD is headed.
An unexpected large move has occurred on EURAUD Daily chart beginning at 1.60241 and ending at 1.66819. Is…