EURCHF continues to fall sharply inside the short-term impulse wave (iii), which previously recently broke the key support level 1.1060 (which stopped the pervious sharp downward impulse (i) in June).
The breakout of this support level accelerated the active impulse waves (iii) and 3.
EURCHF is expected to fall further and retest the next support level 1.1000 (former resistance from 2016).
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
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- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
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