USD/CHF is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 6 days and may test it again within the next 21 hours.
Related Posts
Breach of 1.3951 could mean a start of a bullish trend on USDCAD
USDCAD is once again retesting a key horizontal resistance level at 1.3951. It has tested this level 3…
EURGBP – It’s perhaps in these huge moves where the greatest opportunity lies
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…
USDCHF formed a Channel Up on the 30 Minutes chart. Retest of resistance in sight.
USDCHF is heading towards the resistance line of a Channel Up. If this movement continues, the price of…