USD/CHF is heading towards 0.8973 and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Related Posts
If AUD/USD touches 0.6740 it may be time to take action.
A strong resistance level has been identified at 0.6740 on the 30 Minutes AUD/USD chart. AUD/USD is likely…
After testing resistance twice in the past, NZD/USD has finally broken through. Can we expect a bullish trend to follow?
The last 2 30 Minutes candles on NZD/USD formed a Channel Down pattern and broken out through the…
USD/JPY broke through a resistance at 2024-10-17T09:00:00.000Z, with the price momentum continuing to move in an upward direction over the next hours, good opportunity presents itself with the price expected to reach 150.0633.
You would be well advised to confirm the breakout that has just occurred – do you believe the…