USD/CHF has moved lower by 2.07% from 0.998 to 0.977 in the last 7 days.
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A Falling Wedge has formed, CHFJPY is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
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Could a large bullish move on USDCHF be a sign of things to come?
USDCHF hits 0.90773 after a 3.31% move spanning 28 days.
Supports and resistances are primary concepts of technical analysis. USDJPY is heading for an important price of 158.0850 – read about what this could mean for the future.
The movement of USDJPY towards 158.0850 price line is yet another test of the line it reached numerous…