• EURCHF broke support level 1.0870
• Likely to fall to support level 1.082
EURCHF currency pair recently broke the key support level 1.0870 (previous monthly low from June, which stopped the previous minor impulse wave 1).
The breakout of the support level 1.0870 accelerated the active short-term impulse wave 3, which belongs to the intermediate impulse wave (C) from April.
EURCHF can be expected to fall further toward the next support level 1.082 (target for the completion of the active impulse wave 3).
- USDJPY broke key resistance level 155.00 - Likely to rise to resistance level 160.00…
- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…
Even though the Bank of Japan left the key rate and parameters of the QE…
Market picture Market Dynamics: The cryptocurrency market stabilised, losing just 0.1% of capitalisation and dropping to…
- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…
- GBPAUD reversed from support level 1.9135 - Likely to rise to resistance level 1.9360…
This website uses cookies