EURCHF currency pair is falling inside the minor impulse wave iii which started earlier from the pivotal resistance level 0.9550 (former support from April).
The pair today broke the support level 0.9400 – which should add further pressure on this currency pair.
Given the clear daily downtrend and strongly bearish euro sentiment, EURCHF currency pair can then be expected to fall to the next support level 0.9250 (which stopped two sharp downward impulse waves in January and August).
- AUDCAD broke pivotal resistance level 0.9170 - Likely to rise to resistance level 0.9260…
- WTI reversed from round resistance level 70.00 - Likely to fall to support level…
US retail sales rose 0.1% m/m in August, better than forecast, but sales growth in…
Market Picture The crypto market has gained 2.1% in the last 24 hours to reach…
- MasterCard broke round resistance level 500.00 - Likely to rise to the resistance level…
- CHFJPY reversed from support zone - Likely to rise to the resistance level 168.45…
This website uses cookies