USDCHF approaching resistance, look out for potential reversal!
USDCHF is approaching its resistance at 0.99651 where it is could reverse down to its support at 0.99354.
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Losses can exceed the initial investment so please ensure you fully
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Usdchfsell
USDCHF to reverse from downside confirmation, potential drop!
USDCHF to reverse from its downside confirmation at 0.99300 where it could potentially drop further to 0.98998.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCHF - Forming an ascending triangle before the dropThis is in the connection for my USDCAD Post. This chart shows an ascending triangle formation however, we need to remember that that down trend wave is still in the shawdows. Combining both theories, we can say that the
price might break to its resistance then return back to lower positions. The market might be looking for positive news at the moment.
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USDCHF bounced from upside confirmation, potential for a further
USDCHF bounced off its upside confirmation at 0.99445 where it could potentially rise further to 1.00030.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCHF to climb from upside confirmation, potential bounce!
USDCHF to climb from its upside confirmation at 0.99325 where it could potentially bounce further to 0.99743.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.