USD/CHF is moving towards the resistance line of a Rising Wedge. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 20 days and may test it again within the next 3 days.
Related Posts
Important price line breached by USDJPY. This price has been tested numerous times before.
USDJPY has broken through a line of 147.0225. If this breakout holds true, we could see the price…
NZDUSD is signaling a possible trend reversal on the intraday charts with price not breaching resistance.
NZDUSD is approaching the support line of a Channel Up. It has touched this line numerous times in…
After testing the support line numerous times, EURJPY is once again approaching this line. Can we expect a bearish trend to follow?
EURJPY was identified at around 172.4435 having recently rebounded of the resistance on the 30 Minutes data interval.…