USDCHF today reversed down from the resistance zone lying between the resistance level 0.9940 (which also reversed the price with the daily Evening Star at the start of August), upper daily Bollinger Band and the 50% Fibonacci correction of the previous downward impulse from April.
The downward reversal from this resistance zone stopped the earlier short-term impulse wave 3 from August.
USDCHF is expected to fall further and retest the next support level 0.9875 (former strong resistance from last month).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies
