The price of USD/CHF in heading in the direction of 0.9016. Despite the recent breakout through 0.8975 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
CHFJPY – breach of a trending resistance line that has been tested at least twice before.
The last 14 4 hour candles on CHFJPY formed a Triangle pattern and broken out through the pattern…
AUDCAD keeps moving closer towards 0.8880. Will it finally breach this level?
AUDCAD is moving towards a support line. Because we have seen it retrace from this level in the…
Is the extremely large movement on USDCHF a sign of things to come?
USDCHF has experienced an extremely big movement in last 3 days. It may continue the trend, but this…