Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
GBP/CHF reversed from support zone
2019-11-11 • Updated
- GBP/CHF reversed from support zone
- Next buy target - 1.3460
GBP/CHF recently reversed up with the daily Hammer from the support area lying between the support level 1.3130 (which has been reversing the price from the end of December, as can be seen below), lower daily Bollinger Band and the 50% Fibonacci correction of the previous sharp upward impulse from November. GBP/CHF is expected to rise further toward the next buy target at the next resistance level 1.3460 (top of the earlier impulse waves (i) and i).
What happened? It looks like the decline in EUR/CHF to 1…
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