USD/CHF rose sharply for 25 days – which is an excessively big movement for this instrument; exceeding the 98% of past price moves. Even if this move is a sign of a new trend in USD/CHF there is a chance that we will witness a correction, no matter how brief.
Related Posts
EURAUD formed a Rising Wedge on the 30 Minutes chart. Retest of resistance in sight.
A Rising Wedge pattern was identified on EURAUD at 1.66369, creating an expectation that it may move to…
EURGBP – It’s perhaps in these huge moves where the greatest opportunity lies
EURGBP has experienced an extremely big movement in last 10 days. It may continue the trend, but this…
After trying numerous times in the past, AUDUSD finally breaks 0.6193!
AUDUSD has breached the support line at 0.6193. It may continue the bearish trend towards 0.6156, or, it…