• EURCHF broke support levels – 1.0660 and 1.0600
• Likely to fall to support level 1.0500
EURCHF continues to fall after the price broke through the two multi-month support levels – 1.0660 (multi-month low from November) and 1.0600 (former monthly low form July of 2020).
The breakout of these support levels accelerated the active intermediate impulse wave (3).
Given the clear daily downtrend, EURCHF currency pair can be expected to fall further toward the next support level 1.0500 (former support from the middle of 202 and the target for the completion of impulse wave (3)).
CHFJPY: ⬆️ Buy - CHFJPY reversed from support area - Likely to rise to resistance…
Exxon Mobil: ⬆️ Buy - Exxon Mobil reversed from support area - Likely to rise…
Welcome to Pro News Weekly! Here’s what is shaping the markets: 💵 The U.S. dollar…
• EURUSD falls due to geopolitics and expectations of tariff removal • Gold returns to…
Platinum: ⬇️ Sell - Platinum reversed from pivotal resistance level 150.00 - Likely to fall to…
Baidu: ⬇️ Sell - Baidu reversed from resistance zone - Likely to fall to support level…
This website uses cookies