What happened? It looks like the decline in EUR/CHF to 1…
USD/CHF broke support area
2019-11-11 • Updated
- USD/CHF broke support area
- Next sell target - 0.9740
USD/CHF continues to fall after the earlier breakout of the support area lying between the support level 0.9830 (which stopped the previous minor impulse wave 1) and the support trendline of the daily up channel from September. The breakout of this this support area accelerated the active minor impulse wave 3. USD/CHF is expected to fall to the next sell target at the next support level 0.9740 (low of the previous impulse wave (1)).
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Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
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