The price of USD/CHF in heading in the direction of 0.8388. Despite the recent breakout through 0.8441 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.
Related Posts
GBPUSD moves lower to 1.25933 in the last 21 days.
GBPUSD has experienced an extremely big movement in last 20 days. It may continue the trend, but this…
A Rising Wedge has formed, AUDJPY is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
AUDJPY is moving towards a resistance line which it has tested numerous times in the past. We have…
Supports and resistances are primary concepts of technical analysis. AUDCAD is heading for an important price of 0.9107 – read about what this could mean for the future.
AUDCAD is approaching a resistance line at 0.9107. If it hits the resistance line, it may break through…