• EURCHF reversed from support level 0.9725
• Likely to rise to resistance level 0.9850
EURCHF recently reversed up from the support area located between the support level 0.9725 (which reversed the price in November) standing well below the lower daily Bollinger Band.
The support level 0.9725 was further strengthened by the support trendline of the daily down channel from January.
Given the oversold daily Stochastic, EURCHF can be expected to rise further toward the next resistance level 0.9850 (former double bottom from the middle of February).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies