– USDCHF reversed from support zone
– Likely to rise to resistance level 0.9200
USDCHF currency pair recently reversed up from the support zone lying between the round support level 0.9000 (which has been reversing the price from March), lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse from March.
The upward reversal from the support level 0.9000 stopped the previous short-term correction ii.
Given the clear daily uptrend and the bullish US dollar sentiment seen across the currency markets today, USDCHF can be expected to rise further to the next resistance level 0.9200 (which stopped the previous impulse wave i).
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
This website uses cookies