• USDCHF reversed from support area
• Likely to reach resistance level 0.9325
USDCHF currency pair recently reversed up sharply from the support area located between the key support level 0.9210 (former monthly high from November) and the 38.2% Fibonacci correction of the upward impulse from February.
The upward reversal from this support zone stopped the previous minor correction from the start of March.
USDCHF currency pair is likely to rise further toward the next resistance level 0.9325 – followed by the resistance level 0.9380 (top of the earlier impulse wave (C)).
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…
- 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…
This website uses cookies