USD/CHF is moving towards the resistance line of a Resistance. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 7 days and may test it again within the next 22 hours.
Related Posts
Important price line being approached by NZDUSD. This price has been tested numerous times before.
The price of NZDUSD in heading back to the resistance area. It is possible that it will struggle…
EURJPY likely to test 163.7490 in the near future. Where to next?
EURJPY is en route to a very important line that will be a definite deciding factor of what…
EURUSD consistently settling in one direction. Will it continue?
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…