SNB Won't Let EUR/CHF Fall
What happened? It looks like the decline in EUR/CHF to 1…
USD/CHF: all Moving Averages broken
2019-11-11 • Updated
All the Moving Averages have been broken. Previously, we had a 'V-Bottom' pattern, which is pushing the pair higher. The main intraday target is the nearest resistance at 1.0009 - 1.0025. If a pullback from this area happens little later on, there'll be a moment for bears to test the closest support at 0.9980 - 0.9969 and the Moving Averages. These levels could be a departure point for another bullish rally.
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