• GBPCHF reversed from resistance level 1.2215
• Likely to fall to 1,2000
GBPCHF recently reversed down sharply from the key resistance level 1.2215 (which has been steadily reversing this currency pair from the end of April, as can be seen below).
The downward reversal from the resistance level 1.2215 started the active short-term impulse wave 3.
With the widespread GBP bearishness seen today – GBPCHF is likely to fall further toward the next round support level 1,2000 (former resistance level from August).
- Nasdaq 100 reversed from strong support level 21000.00 - Likely to rise to resistance…
- USDJPY reversed from key support level 156.35 - Likely to rise to resistance level…
The recent declines in US indices may have broken the bullish trend, indicated by technical…
The dollar has paused its strengthening, as weaker-than-expected inflation data reduces fear of future Fed…
Bitcoin finds support near the 50-day moving average, but further declines in the stock market…
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
This website uses cookies