– USDCHF reversed from resistance level 0.8680
– Likely to fall to support level 0.8460
USDCHF currency pair recently reversed down from the key resistance level 0.8680, former strong support from August and December.
The resistance level 0.8680 was strengthened by the upper daily Bollinger Band and by the 50% Fibonacci correction of the sharp downward impulse from October.
USDCHF can be expected to fall further to the next support level 0.8460 (low of wave b from the start of this month, target for the completion of the active wave b).
The dollar experienced a sell-off but rallied back up by the end of the week.…
The new week will be packed with economic data and decisions from key central banks.…
Despite economic factors working against the dollar, its oversold condition helped it this week or…
USDCAD: ⬇️ Sell - USDCAD reversed from key resistance level 1.4500 - Likely to fall…
Solana: ⬆️ Buy - Solana reversed from the long-term support level 113.75 - Likely to…
Adobe: ⬇️ Sell - Adobe broke round support level 400.00 - Likely to fall to…
This website uses cookies
![](data:image/svg+xml;charset=utf-8,<svg height="475px" width="1024px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
