USD/CHF is moving towards a line of 0.9618 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If USD/CHF continues in its current trajectory, we may see it move towards 0.9618 within the next 4 days.
Related Posts
AUD/USD experienced a very large 3 days bearish move to 0.65792
AUD/USD has experienced an exceptionally large movement lower by 1.41% from 0.66733 to 0.65792 in the last 3…
NZD/USD experienced a very large 16 hours bearish move to 0.61051
Those of you that are trend followers are probably eagerly watching NZD/USD to see if its latest 1.51%…
Is the extremely large movement on USD/CHF a sign of things to come?
Those of you that are trend followers are probably eagerly watching USD/CHF to see if its latest 0.8%…