• USDCHF reversed from 0.9460
• Likely to fall to support level 0.9380
USDCHF recently reversed down from the long-term resistance level 0.9460 (former monthly high from July) – strengthened by the upper daily Bollinger Band.
The downward reversal from this resistance area stopped the previous upward impulse waves (v) and 3 of the sharp upward impulse wave (C) from February.
Given the bearish divergence on the daily Stochastic indictor, overbought daily Stochastic – USDCHF currency pair is likely to fall toward the next support level 0.9380 (former top of wave 1 from the start of March).
Welcome to Pro News Flash! 💵 The U.S. dollar slips 🏆 Major stock indices struggle…
Solana: ⬇️ Sell - Solana reversed from resistance zone - Likely to fall to support…
EURAUD : ⬇️ Sell - EURAUD broke the support level 1.7600 - Likely to fall…
In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…
Crypto rebounds continue; Bitcoin faces resistance, with a mixed market outlook ahead, as regulatory changes…
Coca-Cola: ⬇️ Sell - Coca-Cola reversed from long-term resistance level 73.25 - Likely to fall to…
This website uses cookies