USDCHF recently reversed up from the support area lying between the key support level 0.9665 (which stopped the sharp downward impulse in August) and the lower daily Bollinger Band.
The upward reversal from this support area stopped the previous short-term impulse wave 3 from the end of November
Given the recent oversold reading on the daily RSI indicator (strong buy signal) – USDCHF is likely to rise further toward the next resistance level 0.9750.
- 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
