– EURCHF reversed from support level 0.9530
– Likely to rise to resistance level 0.9640
EURCHF currency pair recently reversed up from the key support level 0.9530 (which stopped the sharp downtrend in July), coinciding with the lower daily Bollinger Band.
The upward reversal from the support level 0.9530 stopped the previous short-term impulse wave 3.
Given the strength of the support level 0.9530 and the bullish divergence on the daily Stochastic, EURCHF can be expected to rise further toward the next resistance level 0.9640 (top of the previous waves (4) and 2).
The crypto market has continued to cool down for the third day, with a 1.7%…
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
This website uses cookies