USDCHF has been rising sharply in the last few trading sessions after the price reversed up beautifully from the multi-year support level 0.9200 (which stopped the daily downtrend at the start of 2018).
The price recently broke above the resistance level 0.9540 (monthly low from September of 2018) – which accelerated the active upward correction.
USDCHF is likely to rise further toward the next resistance level 0.9700 (former powerful support from the middle of 2019).
- 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
