• GBPCHF reversed from resistance area
• Likely to fall to 1.1725
GBPCHF recently reversed down from the resistance area located between the resistance level 1.1900 (which has been reversing the price from the start of July), upper daily Bollinger Band and the 38.2% Fibonacci correction of the previous downer impulse 1.
The downward reversal from this resistance area stopped the previous short-term correction 2.
GBPCHF is likely to fall further in the active impulse wave 3 toward the next support level 1.1725 (low of the earlier minor correction (b)).
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- 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…
This website uses cookies