– EURCHF reversed from support zone
– Likely to rise to resistance level 0.9360
EURCHF currency pair recently reversed up from the support zone located between the long-term support level 0.9250 (which has been reversing the price from the end of December) and the lower daily Bollinger Band.
The upward reversal from this support zone created the daily Japanese candlesticks reversal pattern Bullish Engulfing.
Given the strength of the support level 0.9250 and the bullish euro sentiment seen today, EURCHF currency pair can be expected to rise further to the next resistance level 0.9360.
Oil prices rose by over 7% in the past week, reaching above $70 per barrel.…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8375 EURGBP…
The RBNZ's key rate decision, the release of the FOMC meeting minutes, and inflation estimates…
The crypto seems recharged over weekend, and positive traction resumed on Monday. Bitcoin may reach…
- GBPUSD broke support zone - Likely to fall to support level 1.2465 GBPUSD currency…
- USDCHF broke resistance zone - Likely to rise to resistance level 0.9000 USDCHF currency…
This website uses cookies