– USDCHF reversed from key support level 0.8400
– Likely to rise to resistance level 0.8600
USDCHF currency pair recently reversed up from the key support level 0.84000 (intersecting with the lower weekly Bollinger Band).
The support level 0.84000 was further strengthened by the lower support trendline of the weekly down channel from the start of 2023.
Given the still oversold weekly stochastic, USDCHF can be expected to rise further to the next resistance level 0.8600 (former support from the middle of last year).
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="474px" width="1024px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
