USD/CHF reversed from resistance zone

Read the article on FBS website
  • USD/CHF reversed from resistance zone
  • Next sell target - 0.9900

USD/CHF recently reversed down with the daily Shooting Star from the resistance area lying between the strong long-term resistance level 1.0050 (which has been reversing the price from last year, as can be seen below) and the upper daily Bollinger Band. The downward reversal from this resistance zone stopped the previous minor impulse wave 3. USD/CHF is expected to fall further toward the next sell target at the next support level 0.9900.

Share with friends:

Similar

Latest news

Instant opening

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.