USD/CHF is heading towards 0.8580 and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Related Posts
EURGBP experienced a very large 15 days bullish move to 0.84393
EURGBP has experienced an extremely big movement in last 14 days. It may continue the trend, but this…
USDJPY through 152.3893333333333. Is this a confirming a breakout? Will it continue its path in the current trend toward 153.0412?
USDJPY has broken through the resistance line of a Falling Wedge technical chart pattern. Because we have seen…
USDCHF is currently testing a level of 0.8644. Will the breakout continue or will things reverse?
The breakout of USDCHF through the 0.8644 price line is a breach of an important psychological price that…