• USDCHF broke key support level 0.9380
• Likely to fall to 0.9200
USDCHF continues to fall sharply after the earlier breakout of the key support level 0.9380- which stopped the previous impulse waves 1 and (i).
The breakout of the support level 0.9380 accelerated the active impulse sequences (iii), 3 and (3).
USDCHF is likely to fall further toward the next support level 0.9200 (low of the previous impulse wave (1) and the target for the completion of the active impulse (iii)).
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…
- 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…
This website uses cookies