USD/CHF is moving towards the resistance line of a Triangle. Because we have seen it retrace from this line before, 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 7 days and may test it again within the next 2 days.
Related Posts
AUDCAD is quickly approaching the support line of a Channel Down. We expect either a breakout through this line or a rebound.
AUDCAD is heading towards the support line of a Channel Down and could reach this point within the…
USDCHF is quickly approaching a very important level it has previously tested numerous times in the past
USDCHF is about to retest a key horizontal support level near 0.9054. It has tested this level 5…
EURJPY – approaching a support line that has been previously tested at least twice in the past
Emerging Falling Wedge pattern in its final wave was identified on the EURJPY 1 hour chart. After a…